HSBC Holdings PLC Transaction in Own Shares (2532S)
November 02 2023 - 1:45PM
UK Regulatory
TIDMHSBA
RNS Number : 2532S
HSBC Holdings PLC
02 November 2023
HSBC HOLDINGS PLC
2 November 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 Morgan Stanley & Co. International plc
("Morgan Stanley") as part of its buy-back announced on 31 October
2023 .
UK Venues
Date of purchase: 2 November 2023
Number of ordinary shares of US$0.50
each purchased: 3,498,926
Highest price paid per share: GBP6.0200
Lowest price paid per share: GBP5.9410
Volume weighted average price paid GBP5.9850
per share:
All repurchases on the London Stock Exchange, Aquis 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: 2 November 2023
Number of ordinary shares of US$0.50
each purchased: 2,498,000
Highest price paid per share: HK$57.1000
Lowest price paid per share: HK$56.7500
Volume weighted average price paid HK$56.9146
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 31 October
2023, the Company has repurchased 12,005,848 ordinary shares for a
total consideration of approximately US$87.2m.
On 2 November 2023, 10,856,000 ordinary shares of US$0.50 each
were cancelled which were awaiting cancellation having been
repurchased on the Hong Kong Stock Exchange previously under the
Company's buy-back announced on 2 August 2023. Following
cancellation of those shares and following the cancellation of
shares repurchased on the UK Venues today, the Company's issued
ordinary share capital will consist of 19,455,340,004 ordinary
shares with voting rights. There are no ordinary shares held in
treasury. 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.
The above figure of 19,455,340,004 ordinary shares 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 Morgan
Stanley on behalf of the Company is available via the link
below.
http://www.rns-pdf.londonstockexchange.com/rns/2532S_1-2023-11-2.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
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END
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