REG - HSBC Holdings PLC - Transaction in Own Shares

HSBC HoldingsAnnouncement

28/03/2024 18:15

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RNS Number : 8072I  HSBC Holdings PLC  28 March 2024

HSBC HOLDINGS PLC

28 March 2024

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 22 February 2024.

UK Venues

 Date of purchase:                                     28 March 2024
 Number of ordinary shares of US$0.50 each purchased:  2,295,050
 Highest price paid per share:                         £6.2750
 Lowest price paid per share:                          £6.1880
 Volume weighted average price paid per share:         £6.2327

 

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:                                     28 March 2024
 Number of ordinary shares of US$0.50 each purchased:  2,364,400
 Highest price paid per share:                         HK$61.5500
 Lowest price paid per share:                          HK$61.0000
 Volume weighted average price paid per share:         HK$61.4047

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 22 February 2024, the
Company has repurchased 152,115,907 ordinary shares for a total consideration
of approximately US$1,168.0m.

Following the cancellation of the shares repurchased on the UK Venues, the
Company's issued ordinary share capital will consist of 18,956,382,951
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 18,956,382,951 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/8072I_1-2024-3-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8072I_1-2024-3-28.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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