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HSBC Holdings ( (GB:HSBA) ) just unveiled an announcement.
HSBC Holdings plc announced a significant buy-back of its ordinary shares, purchasing over 4.6 million shares across UK and Hong Kong exchanges on March 20, 2025. This move is part of a larger buy-back program initiated in February 2025, which has seen the repurchase of over 108 million shares, amounting to approximately US$1.231 billion. The cancellation of these shares will impact the company’s issued share capital, influencing shareholder voting rights and potentially affecting market perceptions of the company’s financial health.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization headquartered in London, United Kingdom. It offers a wide range of financial services including retail banking, commercial banking, investment banking, and wealth management. HSBC operates in various markets globally, with a strong presence in both the UK and Hong Kong.
YTD Price Performance: 14.08%
Average Trading Volume: 25,964,361
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £158.9B
For detailed information about HSBA stock, go to TipRanks’ Stock Analysis page.
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