Summary by Moomoo AI
HSBC Holdings plc submitted its disclosure report the next day on July 10, 2024, disclosing its share buyback activities between July 5 and July 9, 2024. According to the report, HSBC repurchased and cancelled 7,632,897 ordinary shares in the UK on July 9, 2024, at a buyback price of £6.7642 per share. In addition, the company repurchased varying amounts of shares in Hong Kong, which have not yet been cancelled. After the buyback, the total number of issued shares of HSBC was reduced to 18,562,081,308. The company was authorized to buyback shares at its annual general meeting of shareholders on May 3, 2024, and may not issue new shares or transfer treasury shares within 30 days of the buyback.