Summary by Futu AI
On June 21, 2024, HSBC Holdings plc submitted a next-day disclosure report, disclosing its share repurchase activity from June 14 to 20, 2024. According to the report, HSBC conducted several share repurchases in the United Kingdom and Hong Kong, planning to cancel the repurchased shares. On June 20, 2024, HSBC repurchased a total of 1,574,795 ordinary shares on the London Stock Exchange and other exchanges, and 2,622,800 ordinary shares on the Hong Kong Exchanges and Clearing Limited. The repurchased shares will not be held as treasury shares. This share repurchase was carried out in accordance with the repurchase authorization passed at the shareholder meeting on May 3, 2024, and since then, HSBC has purchased approximately 1.093278% of the issued shares. After the repurchase activity, HSBC will suspend any new share issuance or reselling of treasury shares until July 20, 2024.