Summary by Moomoo AI
On August 2, 2024, HSBC Holdings plc conducted a share repurchase program and disclosed it in accordance with the requirements of the Listing Rules of the Hong Kong Stock Exchange. The company repurchased a total of 5,818,019 ordinary shares on the stock exchanges in the United Kingdom and Hong Kong, of which 3,856,219 shares were repurchased in the United Kingdom at a repurchase price ranging from GBP 6.339 to GBP 6.623 per share, with a total payment of GBP 25,058,281.3. In Hong Kong, the company repurchased 1,962,800 shares at a repurchase price ranging from HKD 65.3 to HKD 66 per share, with a total payment of HKD 129,041,200. The repurchased shares will be cancelled and, from the repurchase date until September 1, 2024, the company will enter a moratorium period after the share repurchase, during which no new share issuances or resales or transfers of existing shares may take place. This share repurchase was carried out under the repurchase authority approved at the shareholders' meeting on May 3, 2024, which authorizes the company to repurchase up to 1,905,105,226 shares.