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HSBC Cancels 500,000 Shares in Ongoing Buy-Back Program

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HSBC Cancels 500,000 Shares in Ongoing Buy-Back Program

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The latest announcement is out from HSBC Holdings ( (GB:HSBA) ).

HSBC Holdings PLC announced the repurchase and cancellation of 500,000 of its ordinary shares as part of a buy-back program initiated on 31 July 2025. This transaction, executed on UK Venues, contributes to a total of 169,467,150 shares repurchased since the program’s inception, amounting to approximately US$2,227.8 million. The cancellation of these shares impacts the company’s issued ordinary share capital, now consisting of 17,250,851,238 shares with voting rights. This strategic move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

The most recent analyst rating on (GB:HSBA) stock is a Buy with a £10.89 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.

Spark’s Take on GB:HSBA Stock

According to Spark, TipRanks’ AI Analyst, GB:HSBA is a Outperform.

HSBC’s strong financial performance and positive earnings call are the most significant factors driving the score. The company’s robust profitability, strategic growth initiatives, and attractive valuation contribute to a favorable outlook. Technical indicators support a positive trend, although some challenges in specific markets are noted.

To see Spark’s full report on GB:HSBA stock, click here.

More about HSBC Holdings

HSBC Holdings PLC is a leading global financial services company, offering a wide range of banking and financial products. It operates in various markets worldwide, focusing on commercial banking, global banking and markets, wealth and personal banking, and global private banking.

Average Trading Volume: 20,185,840

Technical Sentiment Signal: Buy

Current Market Cap: £182.3B

Learn more about HSBA stock on TipRanks’ Stock Analysis page.

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