Summary by Futu AI
HSBC Holdings Limited submitted the next-day disclosure report on September 24, 2024, disclosing its share buyback activities. The report shows that HSBC conducted share buybacks in the United Kingdom and Hong Kong from September 19 to 23, 2024, and cancelled 4,835,573 ordinary shares on September 23 at buyback prices ranging from GBP 6.629 to GBP 6.72. In addition, HSBC also repurchased several batches of uncancelled shares during the same period, totaling millions of shares. In accordance with the shareholders' resolution on May 3, 2024, HSBC is authorized to repurchase up to 1,905,105,226 shares. As of the reporting date, HSBC has repurchased approximately 559,346,495 shares, accounting for 2.970604% of the issued shares at the time of the special resolution passing. The repurchased shares will be proposed for cancellation, and the buyback activities are in compliance with the relevant rules of the Hong Kong Stock Exchange.