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HSBC Holdings ( (GB:HSBA) ) has provided an announcement.
HSBC Holdings plc announced a correction to its previous ‘Transaction in Own Shares’ release, noting an error in the breakdown of trades by Merrill Lynch. The company has repurchased a significant number of its ordinary shares as part of a buy-back program initiated in July 2025. This move is part of HSBC’s strategy to manage its capital structure and potentially enhance shareholder value. Since the start of the buy-back, HSBC has repurchased over 226 million shares, amounting to approximately US$2,976.7 million, reflecting its commitment to returning capital to shareholders.
More about HSBC Holdings
HSBC Holdings plc is a prominent global financial services company headquartered in London, United Kingdom. It operates in the banking and financial services industry, offering a wide range of services including retail banking, commercial banking, investment banking, and wealth management. HSBC has a significant market presence in both the UK and Hong Kong, among other regions.
For an in-depth examination of HSBA stock, go to TipRanks’ Overview page.