HSBC Holdings plc (HSBC) has released an update.
HSBC Holdings plc has continued its share buy-back program by purchasing and cancelling millions of its ordinary shares, with the latest transactions on March 26, 2024, totaling a considerable sum. The repurchases were executed on both UK and Hong Kong stock exchanges, with detailed price points for each share outlined. The buy-back, which commenced on February 22, 2024, has resulted in a substantial reduction of the company’s issued share capital, affecting the calculation of voting rights for shareholders.
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