HSBC Holdings PLC Transaction in Own Shares (5857Q)
October 18 2023 - 1:08PM
UK Regulatory
TIDMHSBA
RNS Number : 5857Q
HSBC Holdings PLC
18 October 2023
HSBC HOLDINGS PLC
18 October 2023
Transaction in own shares
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 Merrill Lynch International ("Merrill
Lynch") as part of its buy-back announced on 2 August 2023 .
UK Venues
Date of purchase: 18 October 2023
Number of ordinary shares of US$0.50
each purchased: 2,154,578
Highest price paid per share: GBP6.5750
Lowest price paid per share: GBP6.4950
Volume weighted average price paid GBP6.5291
per share:
All repurchases on the London Stock Exchange, Cboe Europe
Limited (through the BXE and CXE order books) and/or Turquoise ("UK
Venues") are implemented as "on Exchange" transactions (as such
term is defined in the rules of the London Stock Exchange) and as
"market purchases" for the purposes of the Companies Act 2006.
Hong Kong Stock Exchange
Date of purchase: 18 October 2023
Number of ordinary shares of US$0.50
each purchased: 1,482,800
Highest price paid per share: HK$62.3500
Lowest price paid per share: HK$61.9500
Volume weighted average price paid HK$62.1757
per share:
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.
Since the commencement of the buy-back announced on 2 August
2023, the Company has repurchased 243,273,945 ordinary shares for a
total consideration of approximately US$1,881.6m.
On 18 October 2023, 26,723,200 ordinary shares of US$0.50 each
which were awaiting cancellation having been repurchased on the
Hong Kong Stock Exchange previously were cancelled. Following
cancellation of those shares and following the cancellation of
shares repurchased on the UK Venues, the Company will have
19,810,842,104 ordinary shares in issue, including 325,273,407
ordinary shares of US$0.50 each which are held in treasury.
Therefore, the total voting rights in the Company will be
19,485,568,697. Cancellation of the shares repurchased today 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.
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.
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 Merrill
Lynch on behalf of the Company is available via the link below.
http://www.rns-pdf.londonstockexchange.com/rns/5857Q_1-2023-10-18.pdf
This announcement will also be available on HSBC's website at
www.hsbc.com/sea
Enquiries to:
Lee Davis
Corporate Governance & Secretariat
+44 (0) 207 991 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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSNKFBQABDDQKD
(END) Dow Jones Newswires
October 18, 2023 13:08 ET (17:08 GMT)
Hsbc (LSE:HSBA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Hsbc (LSE:HSBA)
Historical Stock Chart
From Jul 2023 to Jul 2024