Summary by Futu AI
HSBC Holdings submitted its next day disclosure report on June 25, 2024, disclosing details of its share buyback activity. According to the report, HSBC conducted share buybacks in the UK and Hong Kong from June 20 to 24, 2024, and cancelled 1,560,843 ordinary shares on June 24, accounting for 0.008373% of its issued shares. In addition, the report also showed several outstanding share buybacks during the same period, including those conducted on exchanges in the UK and Hong Kong. HSBC Holdings was authorized to buy back shares at the shareholder's annual meeting on May 3, 2024, and bought back a total of 2,952,593 ordinary shares in the buyback event on June 24, 2024, paying a total amount of GBP 20,411,012.22, and bought back 3,500,000 shares in Hong Kong, paying a total amount of HKD 236,226,940. Since the passing of the special resolution, HSBC has purchased 223,904,215 shares, accounting for 1.189121% of the issued shares when the special resolution was passed.