HSBC Purchases 3.7 Million Shares from Merrill Lynch

HSBC Holdings has bought back over 3.7 million shares from Merrill Lynch. The global banking group, which had USD 1,654.9 billion in current deposits and USD 930.6 billion in current credits at the end of 2024, operates in retail banking and wealth management, commercial banking, and investment, financing and market banking.

HSBC Holdings plc, a leading global banking group, has announced the repurchase of over 3.7 million shares from Merrill Lynch as part of its ongoing share buy-back program. The transaction, which took place on August 19, 2025, includes purchases on both UK and Hong Kong stock exchanges.

On the UK venues, HSBC repurchased 2,325,815 shares at an average price of £9.4559 per share. On the Hong Kong Stock Exchange, the bank bought 1,451,600 shares at an average price of HK$98.8462 per share. The total consideration for these purchases was approximately US$439.2 million [1].

This acquisition reduces the number of outstanding shares, potentially enhancing the company's earnings per share and overall shareholder value. Since the start of the buy-back program on July 31, 2025, HSBC has repurchased a total of 52,410,754 ordinary shares [2].

HSBC's revenue streams are diverse, with retail banking and wealth management accounting for 42.3% of total revenues, commercial banking for 31.8%, and investment, financing, and market banking for 25.9%. As of 2024, the company held USD 1,654.9 billion in current deposits and USD 930.6 billion in current credits [3].

The buy-back program is part of HSBC's broader strategy to optimize its capital structure and enhance shareholder returns. The company's recent financial performance has been strong, with earnings per share of $1.95 in the latest quarter, exceeding analyst expectations [4].

References:
[1] https://www.tradingview.com/news/reuters.com,2025-08-19:newsml_RSS9678Va:0-reg-hsbc-holdings-plc-transaction-in-own-shares/
[2] https://www.tradingview.com/news/reuters.com,2025-08-19:newsml_RSS9678Va:0-reg-hsbc-holdings-plc-transaction-in-own-shares/
[3] https://www.hsbc.com/
[4] https://www.marketbeat.com/instant-alerts/filing-corient-ia-llc-makes-new-investment-in-hsbc-holdings-plc-nysehsbc-2025-08-17/