HSBC Advances Share Buy-Back Strategy with Latest Repurchase
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HSBC Holdings plc has announced a significant share repurchase as part of its ongoing buy-back program, purchasing over 3.3 million shares in the UK and 337,200 shares in Hong Kong on January 10, 2025. This buy-back, totaling approximately $2.3 billion since October 2024, aims to enhance shareholder value and optimize capital structure. HSBC is a multinational banking and financial services company based in London, with a current market cap of £143.1B and a year-to-date price performance of 1.76%.
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