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HSBC Advances Share Buy-Back Program
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HSBC Advances Share Buy-Back Program

Hsbc Holdings Plc (UK) (GB:HSBA) has released an update.

HSBC Holdings PLC has continued its share buy-back program, purchasing and cancelling millions of shares on both UK and Hong Kong stock exchanges on April 19, 2024. This move comes as part of a plan announced on February 22, 2024, with the company having bought a total of 248.3 million shares for around US$1.95 billion since the program’s start. Post-cancellation, the updated issued share capital of HSBC will be 18,881,133,125 ordinary shares with voting rights.

For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.

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