HSBC Holdings plc (HSBC) has released an update.
HSBC Holdings plc has announced a significant share buy-back, with the cancellation of over 3.4 million shares purchased at UK venues and 4.5 million shares at the Hong Kong Stock Exchange. Since the start of the buy-back on February 22, 2024, HSBC has repurchased 121.24 million shares for around $925.3 million. Following the cancellation, HSBC’s issued share capital will be 18.99 billion ordinary shares, excluding shares awaiting cancellation at the Hong Kong Stock Exchange.
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