HSBC Buys Back Shares from Merrill Lynch

TL;DR

HSBC just bought back 2.1M shares from Merrill Lynch as part of its ongoing buyback program.

AI Summary

HSBC Holdings plc announced on September 23, 2025, that it purchased 2,154,763 of its ordinary shares for cancellation from Merrill Lynch International. This transaction is part of a previously announced buy-back program initiated on July 31, 2025. The shares were purchased on UK venues at prices ranging from £10.3060 to £10.4520 per share.

Why It Matters

This share buyback indicates HSBC is returning capital to shareholders, potentially boosting earnings per share and signaling confidence in its valuation.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of share repurchases, a common capital management activity.

Key Numbers

• 2,154,763 — Shares Purchased (Represents a portion of HSBC's ongoing share buyback program.)
• £10.3060 - £10.4520 — Price Range per Share (Indicates the market price at which HSBC repurchased its shares.)

Key Players & Entities

• HSBC Holdings plc (company) — Filer and subject of the transaction
• Merrill Lynch International (company) — Seller of the shares
• 2,154,763 (dollar_amount) — Number of shares purchased
• 31 July 2025 (date) — Date of the initial buy-back announcement
• 23 September 2025 (date) — Date of the share purchase
• £10.4520 (dollar_amount) — Highest price paid per share
• £10.3060 (dollar_amount) — Lowest price paid per share

FAQ

Key Financial Figures

• $0.50 — wing number of its ordinary shares of US$0.50 from Merrill Lynch International (
• $108.5000 — 200 Highest price paid per share: HK$108.5000 Lowest price paid per share: HK$107
• $107.7000 — 5000 Lowest price paid per share: HK$107.7000 Volume weighted average price paid pe
• $108.0431 — ghted average price paid per share: HK$108.0431   All repurchases on The Stock
• $1,842.1m — total consideration of approximately US$1,842.1m.   Following the cancellation

Filing Documents

• a5137a.htm (6-K) — 21KB
• 0001654954-25-011014.txt ( ) — 22KB

From the Filing

IN OWN SHARES a5137a FORM 6-K   SECURITIES AND EXCHANGE COMMISSION   Washington, D.C. 20549       Report of Foreign Private Issuer   Pursuant to Rule 13a - 16 or 15d - 16 of   the Securities Exchange Act of 1934       For the month of September   HSBC Holdings plc   42nd Floor, 8 Canada Square, London E14 5HQ, England   (Indicate by check mark whether the registrant files or will file annual reports under   cover of Form 20-F or Form 40-F).   Form 20-F X Form 40-F         HSBC HOLDINGS PLC   23 September 2025   Transaction in own shares   HSBC Holdings plc (" HSBC " or the " Company ") announces that it has purchased for cancellation the following number of its ordinary shares of US$0.50 from Merrill Lynch International (" Merrill Lynch" ) as part of its buy-back announced on 31 July 2025.   UK Venues   Date of purchase: 23 September 2025 Number of ordinary shares of US$0.50 each purchased: 2,154,763 Highest price paid per share: £10.4520 Lowest price paid per share: £10.3060 Volume weighted average price paid per share: £10.3854    All repurchases on the London Stock Exchange, Aquis Exchange, Cboe Europe Limited (through the BXE and CXE order books) and/or Turquoise (" UK Venues ") are implemented as "on Exchange" transactions (as such term is defined in the rules of the London Stock Exchange) and as "market purchases" for the purposes of the Companies Act 2006.   Hong Kong Stock Exchange   Date of purchase: 23 September 2025 Number of ordinary shares of US$0.50 each purchased: 1,471,200 Highest price paid per share: HK$108.5000 Lowest price paid per share: HK$107.7000 Volume weighted average price paid per share: HK$108.0431   All repurchases on The Stock Exchange of Hong Kong Limited (" Hong Kong Stock Exchange ") are "off market" for the purposes of the Companies Act 2006 but are transactions which occur "on Exchange" for the purposes of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and which constitute an "on-market share buy-back" for the purposes of the Codes on Takeovers and Mergers and Share Buy-backs.   Since the commencement of the buy-back announced on 31 July 2025, the Company has repurchased 141,893,574 ordinary shares for a total consideration of approximately US$1,842.1m.   Following the cancellation of the shares repurchased on the UK Venues, the Company's issued ordinary share capital will consist of 17,279,597,298 ordinary shares with voting rights. There are no ordinary shares held in treasury. Cancellation of the shares repurchased on the Hong Kong Stock Exchange takes longer than those repurchased on the UK Venues and a further announcement of total voting rights will be made once those shares have been cancelled.   The above figure of 17,279,597,298 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.   In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended), a full breakdown of the individual trades made by Merrill Lynch on behalf of the Company is available via the link below.   http://www.rns-pdf.londonstockexchange.com/rns/5126A_1-2025-9-23.pdf   This announcement will also be available on HSBC's website at  www.hsbc.com/sea   Enquiries to:                                                                                                                     Lee Davis Group Governance shareholderquestions@hsbc.com +44 (0)20 7991 8888   SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.       HSBC Holdings plc       By:   Name: Aileen Taylor   Title: Group Company Secretary and Chief Governance Officer       Date: 23 September 2025

View Full Filing

View this 6-K filing on SEC EDGAR