HSBC bought back total 2.3 mln shares on other exchanges for GBP22.1 mln on August 28 - HKEX filing

HSBC bought back total 2.3 mln shares on other exchanges for GBP22.1 mln on August 28 - HKEX filing

HSBC Holdings plc (HSBA) has executed a significant share buyback on other exchanges, repurchasing a total of 2.3 million shares for GBP22.3 million on August 27, according to an HKEX filing. This move comes as part of the bank's broader share buyback program, which aims to enhance shareholder value.

The transaction, detailed in the HKEX filing, reflects HSBC's ongoing commitment to returning capital to shareholders. The buyback was conducted on other exchanges, highlighting the bank's flexibility in managing its share repurchase activities.

HSBC's latest buyback follows a series of similar transactions, including a significant repurchase of 2.3 million shares in August 2025. These transactions are part of a broader strategy to optimize shareholder value and align with the bank's long-term objectives.

The buyback program underscores HSBC's confidence in its financial health and future prospects. The bank has been actively engaging in share repurchases as a means to strengthen its financial position and provide a clear signal to investors.

For more details on HSBC's share buyback program, please refer to the HKEX filing [1].

References:
[1] https://www.ainvest.com/news/hsbc-bought-total-2-3-mln-shares-exchanges-gbp22-3-mln-august-27-hkex-filing-2508/