Summary by Futu AI
HSBC Holdings Limited submitted its next day disclosure report on September 26, 2024, disclosing its shareholding changes. The report shows that HSBC carried out share buy-back activities in the United Kingdom and Hong Kong from September 23 to 25, 2024, and cancelled 4,687,500 ordinary shares on September 25, accounting for approximately 0.025617% of the issued shares. In addition, HSBC also repurchased multiple batches of shares on September 24 and 25, but they have not been cancelled yet. The total number of repurchased shares reached 3,626,247 shares, with 4,106,400 shares traded on exchanges in London and Hong Kong respectively. HSBC obtained authorization to repurchase shares at its shareholder annual meeting on May 3, 2024, and has acquired 576,629,753 shares since the passing of the special resolution. In accordance with the rules, HSBC is prohibited from issuing new shares or selling or transferring any treasury shares within 30 days after the share buy-back, hence a moratorium is set until October 25, 2024.
