HSBC Concludes Share Buy-Back Program
Ticker: HBCYF · Form: 6-K · Filed: Apr 25, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Apr 25, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, company-update, financials
TL;DR
HSBC just finished its buy-back, buying back 432,800 shares from Merrill Lynch.
AI Summary
HSBC Holdings plc announced on April 25, 2025, the conclusion of its share buy-back program initiated on February 20, 2025. The company purchased 432,800 ordinary shares of US$0.50 each from Merrill Lynch International for cancellation, with the highest price paid per share being HK$86.1000.
Why It Matters
The conclusion of a share buy-back program can signal management's confidence in the company's valuation and potentially lead to an increase in earnings per share.
Risk Assessment
Risk Level: low — This filing is a routine update on a previously announced share buy-back program and does not introduce new material risks.
Key Numbers
- 432,800 — Shares Purchased (Represents the total number of ordinary shares bought back and cancelled as part of the concluded program.)
- HK$86.1000 — Highest Price Per Share (The maximum price paid for a single ordinary share during the buy-back transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and subject of the report
- Merrill Lynch International (company) — Counterparty in share purchase
- 432,800 (dollar_amount) — Number of shares purchased
- HK$86.1000 (dollar_amount) — Highest price paid per share
- 25 April 2025 (date) — Date of share purchase
- 20 February 2025 (date) — Date of initial buy-back announcement
FAQ
What was the total value of the shares purchased by HSBC?
The filing does not provide the total value of the shares purchased, only the number of shares (432,800) and the highest price paid per share (HK$86.1000).
When did HSBC's share buy-back program officially conclude?
The share buy-back program concluded on April 25, 2025, with the purchase of 432,800 ordinary shares.
Who was the seller of the shares purchased by HSBC?
HSBC purchased the shares from Merrill Lynch International.
What was the original announcement date for this buy-back program?
The buy-back program was initially announced on February 20, 2025.
What is the face value of HSBC's ordinary shares mentioned in the filing?
The ordinary shares have a face value of US$0.50 each.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on April 25, 2025 regarding HSBC HOLDINGS PLC (HBCYF).