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HSBC Progresses with Major Share Buy-back
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HSBC Progresses with Major Share Buy-back

Hsbc Holdings Plc (UK) (GB:HSBA) has released an update.

HSBC Holdings PLC has continued its share buy-back program by purchasing and cancelling millions of shares on both the UK and Hong Kong stock exchanges, with detailed trade prices provided for each venue. The repurchase activity is part of a program announced earlier in February, with the company having bought a substantial number of shares for a significant amount of US dollars since then. The cancellation of these shares will adjust the total number of voting rights available to shareholders, and full trade breakdowns have been made available for transparency.

For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.

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