HSBC Buys Back Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: Jun 16, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Jun 16, 2025 |
| Risk Level | low |
| Sentiment | bullish |
Sentiment: bullish
Topics: share-buyback, insider-transaction, financials
Related Tickers: MS
TL;DR
HSBC just bought back nearly 1M shares from Morgan Stanley as part of its ongoing buyback. Bullish.
AI Summary
HSBC Holdings plc announced on June 16, 2025, that it purchased 999,215 of its ordinary shares for cancellation from Morgan Stanley & Co. International plc. These shares were bought as part of a buy-back program initially announced on May 6, 2025. The highest price paid per share was £8.7620 and the lowest was £8.6930.
Why It Matters
This transaction indicates HSBC is actively executing its share buy-back program, which can signal confidence in the company's valuation and potentially increase shareholder value.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share repurchases, which is a common corporate action.
Key Numbers
- 999,215 — Shares Purchased (Part of HSBC's ongoing share buy-back program.)
- £8.7620 — Highest Price Paid (Represents the top price paid per share in this transaction.)
- £8.6930 — Lowest Price Paid (Represents the bottom price paid per share in this transaction.)
Key Players & Entities
- HSBC Holdings plc (company) — Issuer of the shares and buyer
- Morgan Stanley & Co. International plc (company) — Seller of the shares
- 999,215 (dollar_amount) — Number of shares purchased
- £8.7620 (dollar_amount) — Highest price paid per share
- £8.6930 (dollar_amount) — Lowest price paid per share
- May 6, 2025 (date) — Date of initial buy-back announcement
- June 16, 2025 (date) — Date of share purchase
FAQ
What is the total value of the shares purchased from Morgan Stanley?
The filing does not provide a total value, only the number of shares (999,215) and the highest (£8.7620) and lowest (£8.6930) prices paid per share.
When was the share buy-back program initially announced?
The share buy-back program was announced on May 6, 2025.
Who was the seller of the shares purchased by HSBC?
The shares were purchased from Morgan Stanley & Co. International plc.
What is the denomination of the ordinary shares purchased?
The ordinary shares purchased are of US$0.50 each.
Are these shares being retired or held in treasury?
The filing states the shares were purchased 'for cancellation', indicating they will be retired.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 16, 2025 regarding HSBC HOLDINGS PLC (HBCYF).