HSBC Buys Back 7.3M Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: May 8, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | May 8, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction
Related Tickers: MS
TL;DR
HSBC just bought back 7.3M shares from Morgan Stanley as part of its buyback program.
AI Summary
HSBC Holdings plc announced on May 8, 2025, that it purchased 7,308,047 of its ordinary shares for cancellation from Morgan Stanley & Co. International plc. This transaction is part of a buy-back program announced on May 6, 2025. The shares were purchased on UK venues, with prices ranging from £8.3530 to £8.4630 per share.
Why It Matters
This share buyback indicates HSBC is returning capital to shareholders, potentially boosting earnings per share and signaling confidence in its valuation.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a share repurchase, which is a common corporate action.
Key Numbers
- 7,308,047 — Shares Purchased (Part of HSBC's ongoing share buy-back program.)
- £8.3530 - £8.4630 — Price Range per Share (The price range at which HSBC repurchased its shares.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and subject of the transaction
- Morgan Stanley & Co. International plc (company) — Seller of the shares
- 7,308,047 (dollar_amount) — Number of shares purchased
- May 8, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of buy-back announcement
- £8.4630 (dollar_amount) — Highest price paid per share
- £8.3530 (dollar_amount) — Lowest price paid per share
FAQ
What is the total value of the shares purchased from Morgan Stanley?
The filing does not provide the total value, only the number of shares (7,308,047) and the price range (£8.3530 to £8.4630 per share).
When was the buy-back program initially announced?
The buy-back program was announced on May 6, 2025.
Are these shares being cancelled?
Yes, the filing states that HSBC purchased the shares 'for cancellation'.
What type of shares were purchased?
Ordinary shares of US$0.50 each.
Where were these shares purchased?
The shares were purchased on UK venues.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 8, 2025 regarding HSBC HOLDINGS PLC (HBCYF).