HSBC Holdings PLC Transaction in Own Shares (3044Z)
January 10 2024 - 12:29PM
UK Regulatory
TIDMHSBA
RNS Number : 3044Z
HSBC Holdings PLC
10 January 2024
HSBC HOLDINGS PLC
10 January 2024
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: 10 January 2024
Number of ordinary shares of US$0.50
each purchased: 2,724,710
Highest price paid per share: GBP6.3540
Lowest price paid per share: GBP6.3020
Volume weighted average price paid GBP6.3227
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: 10 January 2024
Number of ordinary shares of US$0.50
each purchased: 2,998,000
Highest price paid per share: HK$63.3000
Lowest price paid per share: HK$62.8500
Volume weighted average price paid HK$63.0615
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 286,354,028 ordinary shares for a
total consideration of approximately US$2,207.7m.
Following the cancellation of the shares repurchased on the UK
Venues, the Company's issued ordinary share capital will consist of
19,202,297,901 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 19,202,297,901 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 as required under the
Disclosure Guidance and Transparency Rules in the UK and/or the
Securities and Future Ordinance in Hong Kong.
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/3044Z_1-2024-1-10.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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