HSBC Holdings plc (HSBC) has released an update.
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HSBC Holdings plc has recently bought back and canceled millions of its ordinary shares, a move reflecting on the company’s stock market activities and investor relations. The shares were acquired from Merrill Lynch International at varying prices on UK and Hong Kong venues, with the transaction forming part of a larger buy-back initiative announced earlier in February. This strategic financial maneuver is set to impact the company’s issued share capital and is a notable event for shareholders and market watchers alike.
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