HSBC Holdings plc Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated November 21, 2024, reports a transaction in own shares by HSBC Holdings plc. The filing details share repurchases executed on November 21, 2024, as part of a buy-back program announced on October 30, 2024.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on share buy-back activity.
- Total Repurchased (Program to Date): 117,095,285 ordinary shares.
- Total Consideration (Program to Date): Approximately US$1,067.3 million.
- Shares Purchased on Nov 21 (UK Venues): 4,410,580 shares.
- Shares Purchased on Nov 21 (Hong Kong): 2,623,200 shares.
- Current Issued Share Capital (Post-UK Cancellation): 18,055,118,867 ordinary shares.
Material Changes and Transaction Details
On November 21, 2024, HSBC purchased shares for cancellation on two primary markets:
- UK Venues (London Stock Exchange, Aquis, Cboe Europe, Turquoise):
- Highest price: £7.2920
- Lowest price: £7.2000
- Volume-weighted average price: £7.2563
- Hong Kong Stock Exchange:
- Highest price: HK$71.6000
- Lowest price: HK$71.2000
- Volume-weighted average price: HK$71.4045
Shares repurchased on UK venues have been cancelled. Cancellation of Hong Kong repurchases is pending, and a further announcement regarding total voting rights will be issued upon completion.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a statutory disclosure of a specific corporate action.
Key Facts for Investor Verification
- Verify the total number of shares outstanding (18,055,118,867) for calculating ownership percentages under FCA Disclosure Guidance and Transparency Rules.
- Confirm the total capital deployed in the buy-back program to date (approx. US$1,067.3m).
- Note that the share count for voting rights will decrease further once Hong Kong repurchases are cancelled.
- Review the full trade breakdown available via the provided London Stock Exchange link for granular transaction data.