HSBC HOLDINGS PLC 6-K Analysis & Summary – 3/14/2025

⚠️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. ⚠️

HSBC Holdings, plc.

6-K

Stock Buyback

Filing date:

03/14/2025

TLDR:

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

ELI5:

HSBC, a large bank, bought back some of its own shares to reduce the number of shares available, which can increase the value of the remaining shares. They bought these shares on March 14, 2025, and will cancel them.

Accession #:

0001654954-25-002816

Published on

March 16, 2025

Analyst Summary

HSBC Holdings plc purchased shares for cancellation as part of a buy-back program announced on February 20, 2025.
On March 14, 2025, HSBC repurchased 2,308,815 ordinary shares on UK Venues at a volume weighted average price of £8.6605 per share.
On March 14, 2025, HSBC repurchased 2,970,400 ordinary shares on the Hong Kong Stock Exchange at a volume weighted average price of HK$85.4862 per share.
Since the commencement of the buy-back, the Company has repurchased 89,345,111 ordinary shares for a total consideration of approximately US$1,014.4m.
Following cancellation of shares repurchased on the UK Venues, the Company’s issued ordinary share capital will consist of 17,766,085,171 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. ⚠️