6th May 2025 11:23
HSBC Holdings PLC - London-based bank - Says it will start a share buyback programme worth up to USD3.00 billion on Wednesday. The bank says the programme will end no later than July 25, and will be run by Morgan Stanley. HSBC says the purpose of the buyback is to reduce its outstanding ordinary shares.
Current stock price: 838.80 pence, down 0.8% in London on Tuesday morning
12-month change: up 18%
By Michael Hennessey, Alliance News reporter
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