HSBC Holdings plc Share Buy-Back Announcement
SEC Filing 6-K (0001654954-25-008696)
HSBC Holdings plc announced a share buy-back program for its ordinary shares, with a maximum consideration of US$3,000,000,000. The buy-back aims to reduce the number of outstanding ordinary shares and will be executed through non-discretionary agreements with Merrill Lynch International. The buy-back will take place from 1 August 2025 to 24 October 2025, subject to regulatory approval. The repurchases will occur on the London Stock Exchange, Aquis Exchange, Cboe Europe Limited, Turquoise, and The Stock Exchange of Hong Kong Limited. The repurchased shares will be cancelled. The maximum number of shares that can be repurchased is 1,527,737,900, as per the authority granted at HSBC's annual general meeting on 2 May 2025. The buy-back will comply with various regulatory requirements, including the Financial Conduct Authority's Listing Rules, the Market Abuse Regulation, and the Hong Kong Listing Rules.