HSBC Buys Back Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: May 20, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | May 20, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, insider-transaction, capital-return
Related Tickers: MS
TL;DR
HSBC just bought back nearly a million shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on May 20, 2025, that it purchased 981,510 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 £8.8300 to £8.9150.
Why It Matters
This share buyback indicates HSBC's commitment to returning capital to shareholders and can signal confidence in the company's valuation.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share repurchases, which is a common corporate action.
Key Numbers
- 981,510 — Shares Purchased (Number of ordinary shares bought back by HSBC for cancellation.)
- £8.9150 — Highest Price Paid (Maximum price per share paid in the transaction.)
- £8.8300 — Lowest Price Paid (Minimum price per share paid in the transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — The company announcing the share purchase.
- Morgan Stanley & Co. International plc (company) — The seller of the shares to HSBC.
- May 20, 2025 (date) — The date of the share purchase.
- May 6, 2025 (date) — The date the buy-back program was announced.
- 981,510 (number) — The number of ordinary shares purchased.
- £8.9150 (dollar_amount) — The highest price paid per share.
- £8.8300 (dollar_amount) — The lowest price paid per share.
FAQ
What is the total value of the shares purchased?
The filing does not provide the total value of the shares purchased, only the number of shares and the price range.
What is the volume-weighted average price paid per share?
The filing states that the volume-weighted average price paid per share is £[missing value].
Is this share purchase part of a larger buyback program?
Yes, this transaction is part of a buy-back announced on May 6, 2025.
Who was the seller of the shares?
The shares were purchased from Morgan Stanley & Co. International plc.
What is the denomination of the ordinary shares purchased?
The ordinary shares are of US$0.50 each.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 20, 2025 regarding HSBC HOLDINGS PLC (HBCYF).