HSBC HOLDINGS Appoints Broker to Launch Share Buyback Program from Tmr
Complete. Here is the key summaryHSBC Holdings has appointed BNP Paribas to execute a USD 1 billion share buyback program. Under non-discretionary agreements, BNP Paribas will purchase ordinary shares on behalf of HSBC between August 6 and October 23, subsequently selling them back to HSBC. This announcement follows the initial declaration of the buyback plan yesterday.
HSBC HOLDINGS (00005.HK) -4.400 (-2.643%) Short selling $675.59M; Ratio 17.853% announced yesterday (4th) a USD1 billion buyback program. HSBC announced today (5th) that it has entered into several non-discretionary buy-back agreements with BNP Paribas, to enable the purchase of Ordinary Shares by BNP Paribas, for an aggregate purchase price of up to USD1 billion during the period from tomorrow (6th) to no later than October 23, and the simultaneous on-sale of such Ordinary Shares by BNP Paribas to HSBC
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-05 16:25.)