HSBC HOLDINGS PLC 6-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Filing date:

02/21/2025


TLDR:

HSBC Holdings plc announces the purchase and cancellation of its ordinary shares as part of its buy-back program.

ELI5:

HSBC bought back some of its own shares to reduce the number of shares available, which can sometimes increase the value of the remaining shares.


Accession #:

0001654954-25-001776

Published on

Analyst Summary

  • HSBC Holdings plc purchased 2,811,287 ordinary shares on UK Venues on February 21, 2025.
  • The highest price paid per share on UK Venues was £8.8720, the lowest was £8.8070, and the volume weighted average price was £8.8428.
  • HSBC Holdings plc purchased 982,000 ordinary shares on the Hong Kong Stock Exchange on February 21, 2025.
  • The highest price paid per share on the Hong Kong Stock Exchange was HK$87.1500, the lowest was HK$86.5000, and the volume weighted average price was HK$86.8138.
  • Since the commencement of the buy-back announced on 20 February 2025, the Company has repurchased 3,793,287 ordinary shares for a total consideration of approximately US$42.3m.
  • Following the cancellation of shares repurchased on UK Venues, the Company’s issued ordinary share capital will consist of 17,822,174,126 ordinary shares with voting rights.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️