HSBC Buys Back Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: May 29, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | May 29, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, capital-management, uk-market
Related Tickers: MS
TL;DR
HSBC just bought back 2.8M shares from Morgan Stanley as part of its buyback program.
AI Summary
HSBC Holdings plc announced on May 29, 2025, that it purchased 2,865,659 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 £8.7040 to £8.7880 per share.
Why It Matters
This share repurchase indicates HSBC is actively managing its capital structure and returning value to shareholders, potentially boosting earnings per share.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share repurchases, which is a common capital management activity for large companies.
Key Numbers
- 2,865,659 — Shares Purchased (Repurchased by HSBC for cancellation from Morgan Stanley.)
- £8.7880 — Highest Price Paid (Maximum price per share paid in the transaction.)
- £8.7040 — Lowest Price Paid (Minimum price per share paid in the transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Issuer
- Morgan Stanley & Co. International plc (company) — Seller of shares
- 2,865,659 (dollar_amount) — Number of shares purchased
- May 29, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of buy-back announcement
- £8.7880 (dollar_amount) — Highest price paid per share
- £8.7040 (dollar_amount) — Lowest price paid per share
FAQ
What is the total value of the shares purchased by HSBC?
The filing does not provide the total value, only the number of shares (2,865,659) and the price range (£8.7040 to £8.7880 per share).
Is this share purchase part of a larger buyback program?
Yes, the filing states this purchase is part of HSBC's buy-back announced on May 6, 2025.
Who was the seller of the shares?
The shares were purchased from Morgan Stanley & Co. International plc.
When did the share purchase take place?
The purchase occurred on May 29, 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 29, 2025 regarding HSBC HOLDINGS PLC (HBCYF).