HSBC Holdings PLC Transaction in Own Shares (0631A)
January 17 2024 - 12:53PM
UK Regulatory
TIDMHSBA
RNS Number : 0631A
HSBC Holdings PLC
17 January 2024
HSBC HOLDINGS PLC
17 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: 17 January 2024
Number of ordinary shares of US$0.50
each purchased: 4,064,649
Highest price paid per share: GBP5.8740
Lowest price paid per share: GBP5.8190
Volume weighted average price paid GBP5.8450
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: 17 January 2024
Number of ordinary shares of US$0.50
each purchased: 3,000,000
Highest price paid per share: HK$58.6500
Lowest price paid per share: HK$57.8500
Volume weighted average price paid HK$58.2508
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 317,004,038 ordinary shares for a
total consideration of approximately US$2,443.4m.
On 17 January 2024, 26,239,200 of the 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's issued ordinary
share capital will consist of 19,160,322,291 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 19,160,322,291 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/0631A_1-2024-1-17.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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