Transaction in Own Shares
HSBC HOLDINGS PLC
26 September 2019
Transaction in own shares and completion of Buyback
HSBC Holdings plc (the "Company") announces that it has purchased for cancellation the following number of its ordinary shares of US$0.50 each on the London Stock Exchange from Morgan Stanley & Co. International plc ("Morgan Stanley") as part of its buy-back announced on 6 August 2019.
Date of purchase:
26 September 2019
Number of ordinary shares of US$0.50 each purchased:
Highest price paid per share:
Lowest price paid per share:
Volume weighted average price paid per share:
Following the cancellation of the repurchased shares, the Company will have 20,583,108,421 ordinary shares in issue, including 325,273,407 ordinary shares which are held in treasury. Therefore the total voting rights in the Company will be 20,257,835,014. This figure for the total number of voting rights 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 Buyback has completed. Since the commencement of the Buyback, the Company has repurchased for cancellation 135,776,994 Ordinary Shares at a volume weighted average price of £6.0215 per Ordinary Share for a total consideration of approximately US$1billion.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014, a full breakdown of the individual trades is attached to this announcement.
This announcement will also be available on HSBC's website at www.hsbc.com/sea
+44 (0) 20 7991 3048
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Quick facts: HSBC
Market Cap: £117.56 billion
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE