HSBC Accelerates Share Repurchase Program Across London and Hong Kong Markets

Rhea-AI Filing Summary

HSBC Holdings announced a significant share buyback transaction on June 23, 2025, as part of their program announced on May 6, 2025. The company executed purchases across two major venues:

• UK Venues: Purchased 5,008,994 shares at a volume-weighted average price of £8.6523 per share
• Hong Kong Stock Exchange: Acquired 1,974,000 shares at a volume-weighted average price of HK$91.6395 per share

Since the buyback program's inception, HSBC has repurchased 197,913,500 shares for approximately US$2.31 billion. Following the cancellation of UK-purchased shares, HSBC's issued ordinary share capital will consist of 17,477,917,437 voting shares. The Hong Kong-purchased shares are pending cancellation. Morgan Stanley executed these trades on behalf of HSBC, with full transaction details available through the London Stock Exchange link.

Positive

• HSBC has executed a substantial share buyback program, repurchasing 197.9M shares worth approximately US$2.31B since May 2025, demonstrating strong capital return to shareholders
• The company's continued share repurchase program indicates strong capital position and management's confidence in the business

Negative

• None.

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d - 16 of

the Securities Exchange Act of 1934

For the month of June

HSBC Holdings plc

42nd Floor, 8 Canada Square, London E14 5HQ, England

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).

Form 20-F X Form 40-F  

HSBC HOLDINGS PLC

23 June 2025

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 6 May 2025.

UK Venues

Date of purchase:	23 June 2025
Number of ordinary shares of US$0.50 each purchased:	5,008,994
Highest price paid per share:	£8.7060
Lowest price paid per share:	£8.6080
Volume weighted average price paid per share:	£8.6523

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:	23 June 2025
Number of ordinary shares of US$0.50 each purchased:	1,974,000
Highest price paid per share:	HK$91.9500
Lowest price paid per share:	HK$91.2000
Volume weighted average price paid per share:	HK$91.6395

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 6 May 2025, the Company has repurchased 197,913,500 ordinary shares for a total consideration of approximately US$2,309.6m.

Following the cancellation of the shares repurchased on the UK Venues, the Company's issued ordinary share capital will consist of 17,477,917,437 ordinary shares with voting rights. There are no ordinary shares held in treasury. Cancellation of the shares repurchased 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 17,477,917,437 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, as amended), 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/0459O_1-2025-6-23.pdf

This announcement will also be available on HSBC's website at www.hsbc.com/sea

Enquiries to:

Lee Davis

Corporate Governance & Secretariat

shareholderquestions@hsbc.com

+44 (0)20 7991 8888

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

HSBC Holdings plc

By:

Name: Aileen Taylor

Title: Group Company Secretary and Chief Governance Officer

Date: 23 June 2025

FAQ

How many shares did HSBC repurchase on June 23, 2025?

On June 23, 2025, HSBC repurchased a total of 6,982,994 shares - specifically 5,008,994 shares through UK venues and 1,974,000 shares on the Hong Kong Stock Exchange.

What is the total value of HSBC's share buyback program since May 6, 2025?

Since the commencement of the buyback program on May 6, 2025, HSBC has repurchased 197,913,500 ordinary shares for a total consideration of approximately US$2,309.6 million.

What is HSBC's total number of outstanding shares after the UK venue repurchases?

Following the cancellation of shares repurchased on the UK venues, HSBC's issued ordinary share capital will consist of 17,477,917,437 ordinary shares with voting rights. There are no ordinary shares held in treasury.

What was the price range for HSBC's share repurchases on June 23, 2025?

In UK venues, shares were purchased between £8.6080 and £8.7060, with a volume weighted average price of £8.6523. In Hong Kong, shares were purchased between HK$91.2000 and HK$91.9500, with a volume weighted average price of HK$91.6395.

Who is executing the share repurchases for HSBC?

Morgan Stanley & Co. International plc ('Morgan Stanley') is executing the share repurchases on behalf of HSBC as part of the buy-back program announced on May 6, 2025.