HSBC Holdings plc (HSBC) has released an update.
HSBC Holdings plc has recently bought back and is set to cancel millions of its shares, as part of a repurchase program announced earlier in February 2024, spending approximately US$1.27 billion. The buy-back affected shares traded both on UK Venues and the Hong Kong Stock Exchange. This move is expected to affect the company’s issued share capital and voting rights, altering the denominator for shareholders’ notifications of interest.
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