HSBC Buys Back 5.8M Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: Jun 2, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Jun 2, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction
Related Tickers: MS
TL;DR
HSBC just bought back 5.8M shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on June 2, 2025, that it purchased 5,824,713 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, with the highest price paid being £8.7900 and the lowest £8.6880 per share.
Why It Matters
This share buyback indicates HSBC is returning capital to shareholders, potentially boosting earnings per share and signaling confidence in its valuation.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share repurchases, a common corporate action with no immediate negative implications.
Key Numbers
- 5,824,713 — Shares Purchased (Represents a portion of HSBC's buy-back program.)
- £8.7900 — Highest Price Paid (Maximum price per share in the transaction.)
- £8.6880 — Lowest Price Paid (Minimum price per share in the transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and issuer of shares
- Morgan Stanley & Co. International plc (company) — Seller of shares
- 5,824,713 (dollar_amount) — Number of shares purchased
- June 2, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of buy-back announcement
- £8.7900 (dollar_amount) — Highest price paid per share
- £8.6880 (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 the total value, only the number of shares (5,824,713) and the price range (£8.6880 to £8.7900) per share.
Is this share purchase part of a larger buyback 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 this specific share purchase occur?
The purchase occurred on June 2, 2025.
What is the nominal value of HSBC's ordinary shares mentioned in the filing?
The filing mentions ordinary shares of US$0.50 each.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 2, 2025 regarding HSBC HOLDINGS PLC (HBCYF).