HSBC Holdings plc (HSBC) has released an update.
HSBC Holdings plc has recently executed a share buy-back, purchasing and cancelling millions of its ordinary shares from Merrill Lynch International as previously announced. Since the commencement of the buy-back program, HSBC has repurchased over 108 million shares for an approximate total of $829.9 million. This move will affect the total number of HSBC’s voting rights and share capital, with further announcements to be made after additional cancellations on the Hong Kong Stock Exchange.
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