REG - HSBC Holdings PLC - Transaction in Own Shares

HSBC HoldingsAnnouncement

06/11/2023 17:45

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RNS Number : 5471S  HSBC Holdings PLC  06 November 2023

HSBC HOLDINGS PLC

6 November 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
Morgan Stanley & Co. International plc ("Morgan Stanley") as part of its
buy-back announced on 31 October 2023.

UK Venues

 Date of purchase:                                     6 November 2023
 Number of ordinary shares of US$0.50 each purchased:  3,419,380
 Highest price paid per share:                         £6.1310
 Lowest price paid per share:                          £6.0380
 Volume weighted average price paid per share:         £6.0821

 

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:                                     6 November 2023
 Number of ordinary shares of US$0.50 each purchased:  2,771,600
 Highest price paid per share:                         HK$58.8000
 Lowest price paid per share:                          HK$58.2000
 Volume weighted average price paid per share:         HK$58.5698

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 31 October 2023, the
Company has repurchased 24,435,771 ordinary shares for a total consideration
of approximately US$179.6m.

Following the cancellation of the shares repurchased on the UK Venues, the
Company's issued ordinary share capital will consist of 19,448,481,681
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 19,448,481,681 ordinary shares 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 Morgan Stanley on behalf of the Company is available via the
link below.

http://www.rns-pdf.londonstockexchange.com/rns/5471S_1-2023-11-6.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5471S_1-2023-11-6.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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