HSBC Holdings plc (HSBC) has released an update.
HSBC Holdings plc has announced the cancellation of over 3 million of its ordinary shares purchased from Merrill Lynch as part of a buy-back initiative that began on February 22, 2024. This latest transaction contributes to the cumulative repurchase of approximately 104 million shares for nearly $794.3 million. The buy-back has led to a reduction in the total number of voting rights, with the updated share capital consisting of over 18.9 billion ordinary shares.
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