HSBA Hsbc Holdings Plc

TIDMHSBA

RNS Number : 0877Y

HSBC Holdings PLC

16 August 2018

HSBC HOLDINGS PLC

16 August 2018

Transaction in own shares and completion of Buyback

HSBC Holdings plc (the Company) announces that it has purchased for cancellation the following number of its ordinary shares of US$0.50 each on the London Stock Exchange from Credit Suisse Securities (Europe) Limited (Credit Suisse) as part of its buyback announced on 9 May 2018.

 
Date of purchase:                      16 August 2018 
Number of ordinary shares of US$0.50 
 each purchased:                       1,343,000 
Highest price paid per share:          GBP7.0600 
Lowest price paid per share:           GBP6.9860 
Volume weighted average price paid     GBP7.0318 
 per share: 
 

Following the cancellation of the repurchased shares, the Company will have 20,231,811,598 ordinary shares in issue, including 325,273,407 ordinary shares which are held in treasury. Therefore the total voting rights in HSBC Holdings plc will be 19,906,538,191. 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, HSBC Holdings plc under the FCA's Disclosure Guidance and Transparency Rules.

The Company announces that, following the purchase of these shares, the Buyback has completed. Since the commencement of the Buyback, the Company has repurchased for cancellation 210,466,091 Ordinary Shares at a volume weighted average price of GBP7.1883 per Ordinary Share for a total consideration of approximately US$2billion.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a full breakdown of the individual trades is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/0877Y_1-2018-8-16.pdf

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

Enquiries to:

JJ Williams

Shareholder Services

+44 (0) 20 3268 3568

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.

END

POSFKADPABKDNFD

(END) Dow Jones Newswires

August 16, 2018 13:05 ET (17:05 GMT)

Hsbc (LSE:HSBA)
Historical Stock Chart
From Apr 2024 to May 2024

Hsbc (LSE:HSBA)
Historical Stock Chart
From May 2023 to May 2024