HSBC Buys Back Shares Worth Millions
Ticker: HBCYF · Form: 6-K · Filed: Jun 17, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Jun 17, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction
Related Tickers: HSBC
TL;DR
HSBC just bought back 4.3M shares from Morgan Stanley as part of its buyback program.
AI Summary
HSBC Holdings plc announced on June 17, 2025, that it purchased 4,307,607 of its ordinary shares for cancellation from Morgan Stanley & Co. International plc. The highest price paid per share was £8.6780. This transaction is part of a previously announced buy-back program initiated on May 6, 2025.
Why It Matters
This share buyback indicates HSBC's confidence in its valuation and its commitment to returning capital to shareholders, potentially boosting the stock price.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share repurchases, which is a common corporate action with predictable implications.
Key Numbers
- 4,307,607 — Shares Purchased (Part of HSBC's ongoing share buy-back program.)
- £8.6780 — Highest Price Per Share (Represents the upper end of the price range for the shares acquired.)
Key Players & Entities
- HSBC Holdings plc (company) — Issuer
- Morgan Stanley & Co. International plc (company) — Seller of shares
- June 17, 2025 (date) — Date of share purchase
- May 6, 2025 (date) — Date of buy-back announcement
- 4,307,607 (dollar_amount) — Number of shares purchased
- £8.6780 (dollar_amount) — Highest price paid per share
FAQ
What is the total value of the shares purchased by HSBC on June 17, 2025?
The filing states that 4,307,607 shares were purchased at a highest price of £8.6780 per share. The total value would be approximately £37,365,965 (4,307,607 shares * £8.6780/share), though the exact total transaction value is not explicitly stated.
From whom did HSBC purchase these shares?
HSBC purchased the shares from Morgan Stanley & Co. International plc.
What is the purpose of this share purchase?
The shares were purchased for cancellation as part of HSBC's buy-back program announced on May 6, 2025.
What is the denomination of the shares purchased?
The shares purchased were ordinary shares of US$0.50 each.
Where did the transaction take place?
The transaction occurred in UK Venues.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 17, 2025 regarding HSBC HOLDINGS PLC (HBCYF).