HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings has repurchased over 169 million of its ordinary shares, spending approximately $1.55 billion as part of its buy-back program. This move, involving transactions on both the London and Hong Kong stock exchanges, aims to streamline HSBC’s share capital. The reduction in shares may influence the stock’s market performance and attract investor interest.
For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.
