HSBC Buys Back Shares from Morgan Stanley
Ticker: HBCYF · Form: 6-K · Filed: Jun 18, 2025 · CIK: 1089113
| Field | Detail |
|---|---|
| Company | Hsbc Holdings PLC (HBCYF) |
| Form Type | 6-K |
| Filed Date | Jun 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, transaction-update
Related Tickers: HSBC
TL;DR
HSBC just bought back nearly 5M shares from Morgan Stanley as part of its ongoing buyback program.
AI Summary
HSBC Holdings plc announced on June 18, 2025, that it purchased 4,828,760 ordinary shares of US$0.50 each from Morgan Stanley & Co. International plc for cancellation. This transaction is part of a previously announced buy-back program initiated on May 6, 2025. The shares were purchased on UK venues, with the highest price paid per share being £8.7750.
Why It Matters
This buy-back activity indicates HSBC is returning capital to shareholders, potentially boosting share value.
Risk Assessment
Risk Level: low — The filing is a routine update on share repurchases, with no new material risks introduced.
Key Numbers
- 4,828,760 — Shares Purchased (Represents a portion of HSBC's ongoing share buy-back program.)
- £8.7750 — Highest Price Per Share (Indicates the upper limit of the price paid for the repurchased shares.)
Key Players & Entities
- HSBC Holdings plc (company) — Company making the announcement and conducting the share buy-back.
- Morgan Stanley & Co. International plc (company) — Seller of the shares to HSBC.
- June 18, 2025 (date) — Date of the share purchase.
- May 6, 2025 (date) — Date the buy-back program was announced.
- 4,828,760 (number) — Number of ordinary shares purchased.
- £8.7750 (dollar_amount) — Highest 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, only the number of shares (4,828,760) and the highest price paid per share (£8.7750).
When was the buy-back program initially announced?
The buy-back program was announced on May 6, 2025.
Are these shares being cancelled?
Yes, the filing states that HSBC purchased the shares for cancellation.
Which entity sold the shares to HSBC?
The shares were purchased from Morgan Stanley & Co. International plc.
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 18, 2025 regarding HSBC HOLDINGS PLC (HBCYF).