HSBC Announces Significant Share Buy-Back Program

HSBC Holdings plc has publicly disclosed its recent repurchase of ordinary shares as part of a strategic buy-back initiative that was originally announced on February 20, 2025. On March 27, 2025, the company executed two notable transactions across different stock exchanges, reflecting its commitment to returning value to shareholders.

In the UK market, HSBC acquired a total of 1,933,689 ordinary shares with a nominal value of US$0.50 each from Merrill Lynch International. The shares were purchased at varying prices, with a peak price of £8.9720 and a low of £8.8580, resulting in a volume-weighted average price of £8.9237. These transactions were classified as “on Exchange” and “market purchases” in accordance with the regulations set by the London Stock Exchange.

Simultaneously, HSBC completed a separate buy-back on the Hong Kong Stock Exchange, where 2,072,000 shares were repurchased. The highest price for these transactions reached HK$90.2500, while the lowest was HK$89.6000, culminating in a volume-weighted average price of HK$89.9730. Unlike the UK transactions, these repurchases were considered “off market” but complied with the necessary listing regulations and categorization of being “on-market share buy-backs.”

Since the onset of the buy-back program, HSBC has successfully repurchased a total of 129,049,590 ordinary shares, amounting to an impressive total consideration of approximately US$1.47 billion. Following the cancellation of the UK repurchased shares, HSBC’s issued ordinary share capital will be reduced to 17,748,523,001 shares that carry voting rights, with no shares currently held in treasury. Notably, the cancellation process for the shares acquired on the Hong Kong Stock Exchange may take longer, and further updates regarding voting rights will be provided upon their completion.

Shareholders and potential investors may refer to the new figure of 17,748,523,001 ordinary shares for calculating their interest holdings under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. This strategic move underscores HSBC’s dedication to enhancing shareholder value while navigating the complexities of capital management in the current financial landscape.