HSBC Holdings plc (HSBC) has released an update.
HSBC Holdings plc has successfully executed a share buy-back, purchasing and cancelling millions of its ordinary shares, which will result in a reduction of the available share capital. The transactions took place on both the UK and Hong Kong stock exchanges with the details of the individual trades made publicly accessible. The buy-back part of a program announced in February, has reached a total expenditure of approximately $1.168 billion.
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