HSBC HOLDINGS
PLC
26 July 2024
Transaction in own shares and conclusion
of buy-back
HSBC Holdings plc ("HSBC" or the "Company") announces that it has
purchased for cancellation the following number of its ordinary
shares of US$0.50 from Morgan Stanley & Co.
International plc ("Morgan
Stanley") as part of its buy-back announced on
7 May 2024.
Hong Kong Stock Exchange
|
Date of purchase:
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26 July 2024
|
|
Number of ordinary shares of US$0.50 each
purchased:
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1,750,000
|
|
Highest price paid per share:
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HK$66.4000
|
|
Lowest price paid per share:
|
HK$65.9500
|
|
Volume weighted average price paid per
share:
|
HK$66.1881
|
All repurchases on The Stock Exchange of Hong
Kong Limited ("Hong Kong Stock
Exchange") are "off market" for the purposes of the
Companies Act 2006 but are transactions which occur "on Exchange"
for the purposes of the Rules Governing the Listing of Securities
on The Stock Exchange of Hong Kong Limited and which constitute an
"on-market share buy-back" for the purposes of the Codes on
Takeovers and Mergers and Share Buy-backs.
There were no repurchases on the London Stock
Exchange, Aquis Exchange, Cboe Europe Limited (through the BXE and
CXE order books) and/or Turquoise ("UK Venues").
The Company's issued ordinary share capital
consists of 18,518,135,661 ordinary
shares with voting rights. There are no ordinary shares held
in treasury. Cancellation of the shares repurchased on the Hong
Kong Stock Exchange takes longer than those repurchased on the UK
Venues and a further announcement of total voting rights will be
made once those shares have been cancelled.
The above figure of 18,518,135,661 may be used
by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
The Company announces that, following the
purchase of these shares, the buy-back has concluded. Since the
commencement of the buy-back, the Company has repurchased for
cancellation 171,668,799 ordinary shares on the UK Venues at a
volume weighted average price of £6.8817 per ordinary share, and
171,252,800 ordinary shares on the Hong Kong Stock Exchange at a
volume weighted average price of HK$68.1428 per ordinary share, for
a total consideration of approximately US$3bn.
In accordance with Article 5(1)(b) of the
Market Abuse Regulation (EU) No 596/2014 (as it forms part of
domestic law of the United Kingdom by virtue of the European Union
(Withdrawal) Act 2018), a full breakdown of the individual trades
made by Morgan Stanley on behalf of the Company is available via
the link below.
http://www.rns-pdf.londonstockexchange.com/rns/0764Y_1-2024-7-26.pdf
This announcement will also be available on
HSBC's website at www.hsbc.com/sea
Enquiries to:
Lee Davis
Corporate Governance & Secretariat
shareholderquestions@hsbc.com
+44 (0)20 7991 8888