HSBC Buys Back Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: May 14, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | May 14, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction
Related Tickers: MS
TL;DR
HSBC just bought back 4.6M shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on May 14, 2025, that it purchased 4,599,225 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 approximately £8.7740 to £8.7740 per share.
Why It Matters
This share buyback indicates HSBC's commitment to returning capital to shareholders and can potentially increase earnings per share by reducing the number of outstanding shares.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of share repurchases and does not introduce new material risks.
Key Numbers
- 4,599,225 — Shares Purchased (Represents a portion of HSBC's buy-back program.)
- £8.7740 — Highest Price Per Share (Indicates the cost of the repurchased shares.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and subject of the transaction
- Morgan Stanley & Co. International plc (company) — Seller of the shares
- 4,599,225 (dollar_amount) — Number of shares purchased
- May 14, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of initial buy-back announcement
- £8.7740 (dollar_amount) — Highest price paid per share
FAQ
What is the total value of the shares purchased from Morgan Stanley?
The filing states 4,599,225 shares were purchased at a highest price of £8.7740 per share. The total value would be approximately 4,599,225 * £8.7740, which is roughly £40,215,000, though the exact total value is not explicitly stated.
Is this share purchase part of a larger buyback program?
Yes, the filing explicitly states that the purchase is 'as part of its buy-back announced on 6 May 2025'.
What is the denomination of the ordinary shares purchased?
The ordinary shares purchased are of US$0.50 each.
Where were these shares purchased?
The shares were purchased on UK Venues.
Who is the counterparty for this share purchase?
The shares were purchased from Morgan Stanley & Co. International plc.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 14, 2025 regarding HSBC HOLDINGS PLC (HBCYF).