HSBC Buys Back 198K Shares for Cancellation
Ticker: HBCYF · Form: 6-K · Filed: Apr 23, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Apr 23, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, insider-transaction, capital-return
Related Tickers: HSBC
TL;DR
HSBC just bought back 198K shares from Merrill Lynch as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on April 23, 2025, that it purchased 198,000 of its ordinary shares for cancellation from Merrill Lynch International. This transaction is part of a previously announced buy-back program initiated on February 20, 2025. The shares were purchased on the Hong Kong Stock Exchange at prices ranging from HK$83.5500 to HK$84.0000 per share.
Why It Matters
This buyback activity indicates HSBC is returning capital to shareholders, potentially boosting share value and signaling confidence in its financial position.
Risk Assessment
Risk Level: low — This filing is a routine update on share repurchases and does not introduce new material risks.
Key Numbers
- 198,000 — Shares Purchased (Represents shares bought back for cancellation as part of the buy-back program.)
- HK$84.0000 — Highest Price Paid (Maximum price paid per share during the transaction.)
- HK$83.5500 — Lowest Price Paid (Minimum price paid per share during the transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and subject of the transaction
- Merrill Lynch International (company) — Seller of the shares
- 198,000 (dollar_amount) — Number of shares purchased
- HK$84.0000 (dollar_amount) — Highest price paid per share
- HK$83.5500 (dollar_amount) — Lowest price paid per share
- 23 April 2025 (date) — Date of share purchase
- 20 February 2025 (date) — Date of initial buy-back announcement
FAQ
What is the total value of the shares purchased on April 23, 2025?
The filing does not provide the total value, but states 198,000 shares were purchased at prices between HK$83.5500 and HK$84.0000.
Is this a new share buyback program?
No, this transaction is part of a buy-back announced on February 20, 2025.
Who was the seller of the shares?
The shares were purchased from Merrill Lynch International.
Where were the shares purchased?
The shares were purchased on the Hong Kong Stock Exchange.
What is the denomination of the shares purchased?
The shares purchased were ordinary shares of US$0.50 each.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on April 23, 2025 regarding HSBC HOLDINGS PLC (HBCYF).