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HSBC Progresses with Share Buy-Back Program
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HSBC Progresses with Share Buy-Back Program

HSBC Holdings plc (HSBC) has released an update.

HSBC Holdings plc has actively continued its share buy-back program, purchasing a substantial number of shares for cancellation on April 11, 2024. This move has resulted in a significant capital outlay, with the company investing roughly $1.64 billion since the commencement of the program. Post-cancellation, HSBC’s total issued share capital will reflect a revised figure of roughly 18.9 billion ordinary shares with voting rights.

For further insights into HSBC stock, check out TipRanks’ Stock Analysis page.

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