HSBC Buys Back 7.9M Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: May 23, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | May 23, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction-update
Related Tickers: HSBC
TL;DR
HSBC just bought back nearly 8M shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on May 23, 2025, that it purchased 7,912,471 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 £8.4720 to £8.8390 per share.
Why It Matters
This share buyback indicates HSBC's commitment to returning capital to shareholders and potentially signals confidence in its own valuation.
Risk Assessment
Risk Level: low — This filing is a routine update on share repurchases and does not introduce new material risks.
Key Numbers
- 7,912,471 — Shares Purchased (Represents a portion of HSBC's buy-back program.)
- £8.8390 — Highest Price Paid (Indicates the upper limit of the share price during the transaction.)
- £8.4720 — Lowest Price Paid (Indicates the lower limit of the share price during the transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and purchaser of shares
- Morgan Stanley & Co. International plc (company) — Seller of shares
- 7,912,471 (dollar_amount) — Number of shares purchased
- May 23, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of initial buy-back announcement
- £8.8390 (dollar_amount) — Highest price paid per share
- £8.4720 (dollar_amount) — Lowest price paid per share
FAQ
What is the total value of the shares purchased by HSBC on May 23, 2025?
The filing does not provide the total value, only the number of shares (7,912,471) and the price range (£8.4720 to £8.8390).
Is this share purchase part of a larger buyback program?
Yes, the filing states these shares were purchased 'as part of its buy-back announced on 6 May 2025'.
Who was the counterparty for this share purchase?
HSBC purchased the shares from Morgan Stanley & Co. International plc.
What is the denomination of the shares purchased?
The shares purchased were ordinary shares of US$0.50 each.
Where did the share purchase take place?
The filing specifies 'UK Venues' for the transaction.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 23, 2025 regarding HSBC HOLDINGS PLC (HBCYF).