HSBC Buys Back Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: May 12, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | May 12, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction
Related Tickers: HSBC
TL;DR
HSBC just bought back 2.5M shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on May 12, 2025, that it purchased 2,588,458 of its ordinary shares for cancellation from Morgan Stanley & Co. International plc. This transaction is part of a previously announced buy-back program initiated on May 6, 2025. The shares were purchased on UK venues at prices ranging from £8.7360 to £8.8450 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 — The filing is a routine disclosure of share repurchases and does not introduce new material risks.
Key Numbers
- 2,588,458 — Shares Purchased (Part of HSBC's ongoing share buy-back program.)
- £8.7360 - £8.8450 — 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
- May 12, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of initial buy-back announcement
- 2,588,458 (number) — Number of shares purchased
- £8.8450 (dollar_amount) — Highest price paid per share
- £8.7360 (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 a total value, only the number of shares (2,588,458) and the price range (£8.7360 to £8.8450 per share).
Is this share purchase part of a larger buy-back program?
Yes, the filing states that this purchase is part of the buy-back announced on May 6, 2025.
Who was the seller of the shares?
The shares were purchased from Morgan Stanley & Co. International plc.
On what date did the share purchase occur?
The shares were purchased on May 12, 2025.
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 May 12, 2025 regarding HSBC HOLDINGS PLC (HBCYF).