Summary by Moomoo AI
HSBC Holdings submitted its disclosure report on July 8, 2024, which disclosed that it repurchased and cancelled a certain number of ordinary shares in the United Kingdom and Hong Kong from July 2 to July 5, 2024. According to the report, HSBC repurchased around 7.43 million shares in the UK on July 5 and around 3 million shares in Hong Kong, and the repurchased shares will be cancelled. The repurchase price ranges from GBP 6.708 to GBP 6.856, and HKD 67.95 to HKD 69.2. The share repurchase was carried out based on the repurchase authorization resolution passed at the shareholder meeting on May 3, 2024 and the shares purchased by HSBC on the exchange account for 1.523259% of the issued shares since the resolution. After the buyback, the total number of issued shares of HSBC decreased to around 18.57 billion. In addition, HSBC confirmed that the buyback activity complies with the relevant rules of the Hong Kong Stock Exchange and there are no significant changes.