HSBC PDMRs Reinvest Dividends into Shares

Ticker: HBCYF · Form: 6-K · Filed: Dec 23, 2024 · CIK: 1089113

Sentiment: bullish

Topics: insider-transaction, dividend, management

TL;DR

HSBC execs just reinvested their dividend into more shares, showing they're still bullish.

AI Summary

HSBC Holdings plc announced on December 23, 2024, that Persons Discharging Managerial Responsibilities (PDMRs) had their vested share plan interests increased through the automatic reinvestment of the third interim dividend for 2024. This dividend reinvestment occurred on December 19, 2024, with shares purchased at a price of £7.64519 per ordinary share.

Why It Matters

This filing indicates continued investment by key management in HSBC, potentially signaling confidence in the company's future performance.

Risk Assessment

Risk Level: low — This is a routine disclosure of dividend reinvestment by management, not indicative of significant new risks.

Key Numbers

Key Players & Entities

FAQ

What specific type of transaction is being reported in this 6-K filing?

The filing reports on the notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs) related to the automatic reinvestment of the third interim dividend for 2024 into ordinary shares.

When did the dividend reinvestment transaction take place?

The automatic reinvestment of the third interim dividend for 2024 took place on December 19, 2024.

What was the price per share for the dividend reinvestment?

The price per ordinary share for the dividend reinvestment was £7.64519.

Who are the individuals involved in these reported transactions?

The individuals involved are Persons Discharging Managerial Responsibilities (PDMRs) within HSBC Holdings plc.

What is the purpose of this 6-K filing for HSBC Holdings plc?

The purpose of this 6-K filing is to report on transactions by PDMRs concerning their shareholdings, specifically the reinvestment of dividends.

Filing Stats: 1,547 words · 6 min read · ~5 pages · Grade level 17.5 · Accepted 2024-12-23 13:15:21

Key Financial Figures

Filing Documents

From the Filing

SHAREHOLDING a1680r FORM 6-K   SECURITIES AND EXCHANGE COMMISSION   Washington, D.C. 20549       Report of Foreign Private Issuer   Pursuant to Rule 13a - 16 or 15d - 16 of   the Securities Exchange Act of 1934       For the month of December   HSBC Holdings plc   42nd Floor, 8 Canada Square, London E14 5HQ, England   (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).   Form 20-F X Form 40-F                            HSBC HOLDINGS PLC   23 December 2024   Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")     The following transactions of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company"), relate to the additional Shares being added to PDMRs' vested share plan interests through the automatic reinvestment of the third interim dividend for 2024, which took place on 19 December 2024. The price per Share was £7.64519.   Other PDMRs   Name   Shares acquired   Jonathan Bingham 15 David Liao 5,936 Stephen Moss 30 Jo Miyake 64 Barry O'Byrne 18 Michael Roberts 7,288 Ian Stuart 13     The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.     1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Jonathan Bingham         2 - Reason for the notification   Position/status Interim Group Chief Financial Officer     Initial notification/amendment Initial Notification     3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   Full name of the entity HSBC Holdings plc     Legal Entity Identifier code MLU0ZO3ML4LN2LL2TL39     4 - Details of the transaction(s)   Transaction(s) summary table                 Date of Transaction Financial Instrument Identification Code Place of Transaction Currency     2024-12-19 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound     Nature of Transaction:   Acquisition as part of the reinvestment of the third interim dividend for 2024   Price Volume Total     £7.65 15 £114.68   Aggregated £7.645 15 £114.68                     1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person David Liao         2 - Reason for the notification   Position/status Co-Chief Executive, Asia-Pacific - The Hongkong and Shanghai Banking Corporation Limited     Initial notification/amendment Initial Notification     3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   Full name of the entity HSBC Holdings plc     Legal Entity Identifier code MLU0ZO3ML4LN2LL2TL39     4 - Details of the transaction(s)   Transaction(s) summary table                 Date of Transaction Financial Instrument Identification Code Place of Transaction Currency     2024-12-19 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound     Nature of Transaction:   Acquisition as part of the reinvestment of the third interim dividend for 2024   Price Volume Total     £7.65 5,936 £45,381.85   Aggregated £7.645 5,936 £45,381.85                     1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Stephen Moss         2 - Reason for the notification   Position/status Regional Chief Executive, Middle East, North Africa and Türkiye     Initial notification/amendment Initial Notification     3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   Full name of

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