REG - HSBC Holdings PLC - Transaction in Own Shares

HSBC HoldingsAnnouncement

07/09/2023 18:30

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RNS Number : 7808L  HSBC Holdings PLC  07 September 2023

HSBC HOLDINGS PLC

7 September 2023

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
Merrill Lynch International ("Merrill Lynch") as part of its buy-back
announced on 2 August 2023.

UK Venues

 Date of purchase:                                     7 September 2023
 Number of ordinary shares of US$0.50 each purchased:  2,503,799
 Highest price paid per share:                         £5.9170
 Lowest price paid per share:                          £5.8260
 Volume weighted average price paid per share:         £5.8762

 

All repurchases on the London Stock 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:                                     7 September 2023
 Number of ordinary shares of US$0.50 each purchased:  2,787,600
 Highest price paid per share:                         HK$57.6500
 Lowest price paid per share:                          HK$57.1500
 Volume weighted average price paid per share:         HK$57.3690

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 2 August 2023, the Company
has repurchased 114,371,136 ordinary shares for a total consideration of
approximately US$877.9m.

On 7 September 2023, 16,426,400 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
will have 19,947,320,437 ordinary shares in issue, including 325,273,407
ordinary shares of US$0.50 each which are held in treasury. Therefore, the
total voting rights in the Company will be 19,622,047,030.  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.

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,
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 Merrill Lynch on behalf of the Company is available via the
link below.

http://www.rns-pdf.londonstockexchange.com/rns/7808L_1-2023-9-7.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7808L_1-2023-9-7.pdf)

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

Enquiries to:

Lee Davis

Corporate Governance & Secretariat

+44 (0) 207 991 3048

 

 

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