HSBC Buys Back 5.7M Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: Jun 11, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Jun 11, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-management, transaction
Related Tickers: MS
TL;DR
HSBC just bought back 5.7M shares from Morgan Stanley for cancellation as part of its May buy-back program.
AI Summary
HSBC Holdings plc announced on June 11, 2025, that it purchased 5,696,792 of its ordinary shares for cancellation from Morgan Stanley & Co. International plc. These shares were bought as part of a previously announced buy-back program initiated on May 6, 2025. The highest price paid per share was £8.8500 and the lowest was £8.7340.
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 — This is a routine share buy-back announcement, a common capital management activity for large companies.
Key Numbers
- 5,696,792 — Shares Purchased (Represents a portion of HSBC's buy-back program.)
- £8.8500 — Highest Price Paid (Indicates the upper end of the price range for the share repurchase.)
- £8.7340 — Lowest Price Paid (Indicates the lower end of the price range for the share repurchase.)
Key Players & Entities
- HSBC Holdings plc (company) — Company making the announcement
- Morgan Stanley & Co. International plc (company) — Seller of shares
- 5,696,792 (dollar_amount) — Number of shares purchased
- May 6, 2025 (date) — Date of initial buy-back announcement
- June 11, 2025 (date) — Date of share purchase
- £8.8500 (dollar_amount) — Highest price paid per share
- £8.7340 (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, but states 5,696,792 shares were purchased at prices between £8.7340 and £8.8500.
Is this a new buy-back program?
No, these shares were purchased as part of a buy-back announced on May 6, 2025.
Who was the seller of the shares?
The shares were purchased from Morgan Stanley & Co. International plc.
What is the purpose of these share purchases?
The shares were purchased for cancellation.
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 June 11, 2025 regarding HSBC HOLDINGS PLC (HBCYF).