HSBC Buys Back 2.3M Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: May 7, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | May 7, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction
Related Tickers: MS
TL;DR
HSBC just bought back 2.3M shares from MS for cancellation, part of their announced buyback.
AI Summary
HSBC Holdings plc announced on May 7, 2025, that it purchased 2,349,857 of its ordinary shares for cancellation from Morgan Stanley & Co. International plc. These shares were bought as part of a buy-back program announced on May 6, 2025, with prices ranging from £8.3890 to £8.5090 per share.
Why It Matters
This share buyback indicates HSBC's commitment to returning capital to shareholders and can potentially increase earnings per share.
Risk Assessment
Risk Level: low — This is a routine disclosure of share repurchases, a common capital management activity.
Key Numbers
- 2,349,857 — Shares Purchased (Represents shares bought back for cancellation as part of the buy-back program.)
- £8.5090 — Highest Price Paid (The maximum price per share paid in the transaction.)
- £8.3890 — Lowest Price Paid (The minimum price per share paid in the transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and subject of the transaction
- Morgan Stanley & Co. International plc (company) — Seller of the shares
- 2,349,857 (dollar_amount) — Number of shares purchased
- May 7, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of buy-back announcement
- £8.5090 (dollar_amount) — Highest price paid per share
- £8.3890 (dollar_amount) — Lowest price paid per share
FAQ
What is 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 (2,349,857) and the price range (£8.3890 to £8.5090).
When was the buy-back program initially announced?
The buy-back program was announced on May 6, 2025.
From whom did HSBC purchase these shares?
HSBC purchased these shares from Morgan Stanley & Co. International plc.
What is the purpose of these share purchases?
The shares were purchased for cancellation as part of HSBC's announced buy-back program.
What is the nominal value of each ordinary share purchased?
Each ordinary share purchased has a nominal value of US$0.50.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 7, 2025 regarding HSBC HOLDINGS PLC (HBCYF).