Summary by Futu AI
On June 26, 2024, HSBC Holdings plc submitted its disclosure report for the following day, disclosing the latest developments in its share buyback activities. According to the report, HSBC conducted several share buybacks in the United Kingdom and Hong Kong from June 20 to 25, 2024, and canceled some shares on June 25. The repurchased shares include 13,952 and 8,094,073 shares repurchased and canceled in the United Kingdom, as well as shares repurchased in Hong Kong but not yet canceled, totaling about 20 million shares. The repurchase price ranges from GBP 6.8622 to GBP 6.9335 and from HKD 67.4778 to HKD 68.6174. The total number of issued shares of HSBC Holdings has decreased from 18,640,171,263 shares before the buyback to 18,632,063,238 shares. The company was authorized to repurchase shares at its shareholder annual meeting on May 3, 2024, and will not issue any new shares or resell or transfer treasury shares before July 25, 2024.