HSBC Holdings plc Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated June 17, 2024, reports a transaction in own shares by HSBC Holdings plc. The filing details share repurchases executed on June 17, 2024, as part of a buy-back program announced on May 7, 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 (Since May 7, 2024): 191,073,415 ordinary shares.
- Total Consideration (Since May 7, 2024): Approximately US$1,676.8 million.
- Issued Ordinary Share Capital (Post-UK Cancellation): 18,676,460,245 shares.
- Treasury Shares: None.
Transaction Details for June 17, 2024
| Venue | Shares Purchased | Highest Price | Lowest Price | VWAP |
|---|---|---|---|---|
| UK Venues (LSE, Aquis, Cboe, Turquoise) | 2,112,407 | £6.8750 | £6.7990 | £6.8284 |
| Hong Kong Stock Exchange | 3,500,000 | HK$67.9500 | HK$67.1000 | HK$67.7097 |
Material Changes and Management Commentary
Shares repurchased on UK venues were immediately cancelled, reducing the issued share capital. Shares repurchased on the Hong Kong Stock Exchange are subject to a longer cancellation process; a further announcement regarding total voting rights will be issued once those shares are cancelled. The current issued share count of 18,676,460,245 is designated for use by shareholders to calculate notification thresholds under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Investor Verification Checklist
- Verify the final issued share count once Hong Kong repurchases are cancelled.
- Confirm the total remaining authorization under the buy-back program announced on May 7, 2024.
- Review the full trade breakdown available via the London Stock Exchange link provided in the filing for granular transaction data.