HSBC Buys Back Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: Jun 4, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Jun 4, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, insider-transaction, capital-return
Related Tickers: MS
TL;DR
HSBC just bought back 1.45M shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on June 4, 2025, that it purchased 1,452,321 ordinary shares of US$0.50 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 a volume-weighted average price paid of approximately £8.75 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 — The filing is a routine disclosure of share repurchases, which is a common corporate action.
Key Numbers
- 1,452,321 — Shares Purchased (Part of HSBC's ongoing share buy-back program.)
- £8.75 (approx) — Volume Weighted Average Price (Indicates the average cost of the repurchased shares.)
Key Players & Entities
- HSBC Holdings plc (company) — Filer and buyer of shares
- Morgan Stanley & Co. International plc (company) — Seller of shares
- May 6, 2025 (date) — Date of initial buy-back announcement
- June 4, 2025 (date) — Date of share purchase
- 1,452,321 (number) — Number of shares purchased
- £8.8000 (dollar_amount) — Highest price paid per share
- £8.7050 (dollar_amount) — Lowest price paid per share
FAQ
What is the total value of the shares purchased on June 4, 2025?
The filing does not provide a total value, but states 1,452,321 shares were purchased at prices ranging from £8.7050 to £8.8000.
When was the buy-back program initially announced?
The buy-back program was announced on May 6, 2025.
Who was the counterparty for this specific share purchase?
The shares were purchased from Morgan Stanley & Co. International plc.
Are these shares being retired?
Yes, the filing states the shares were purchased 'for cancellation'.
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 June 4, 2025 regarding HSBC HOLDINGS PLC (HBCYF).