HSBC Buys Back Shares for Cancellation
Ticker: HBCYF · Form: 6-K · Filed: Jun 10, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Jun 10, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, insider-transaction, financials
Related Tickers: MS
TL;DR
HSBC just bought back nearly 2M shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on June 10, 2025, that it purchased 1,856,865 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 £8.7500 to £8.8730 per share.
Why It Matters
Share buybacks can signal management's confidence in the company's valuation and potentially increase earnings per share.
Risk Assessment
Risk Level: low — This filing is a routine update on share repurchases and does not introduce new material risks.
Key Numbers
- 1,856,865 — Shares Purchased (Represents a portion of HSBC's ongoing share buy-back program.)
- £8.8730 — Highest Price Paid (Indicates the upper limit of the price paid for shares in this transaction.)
- £8.7500 — Lowest Price Paid (Indicates the lower limit of the price paid for shares in this transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Company making the announcement and repurchasing shares
- Morgan Stanley & Co. International plc (company) — Seller of the shares to HSBC
- June 10, 2025 (date) — Date of the share purchase
- May 6, 2025 (date) — Date of the initial buy-back announcement
- 1,856,865 (share_count) — Number of ordinary shares purchased
- £8.8730 (dollar_amount) — Highest price paid per share
- £8.7500 (dollar_amount) — Lowest price paid per share
FAQ
What is the total number of shares HSBC intends to buy back under the program announced on May 6, 2025?
The filing does not specify the total intended amount for the buy-back program announced on May 6, 2025, only reporting on a specific transaction that occurred on June 10, 2025.
What is the total value of the shares purchased on June 10, 2025?
The filing provides the number of shares and the highest and lowest prices paid per share, but not the total aggregate value of the transaction.
From whom were the shares purchased?
The shares were purchased from Morgan Stanley & Co. International plc.
What is the purpose of these share purchases?
The shares were purchased for cancellation as part of HSBC's buy-back program.
Are these shares being bought on a US exchange?
The filing states the shares were purchased on 'UK Venues', indicating they were not purchased on a US exchange.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 10, 2025 regarding HSBC HOLDINGS PLC (HBCYF).