REG - HSBC Holdings PLC - Transaction in Own Shares

HSBC HoldingsAnnouncement

01/11/2024 17:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241101:nRSA6995Ka&default-theme=true

RNS Number : 6995K  HSBC Holdings PLC  01 November 2024

HSBC HOLDINGS PLC

1 November 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
Morgan Stanley & Co. International plc ("Morgan Stanley") as part of its
buy-back announced on 30 October 2024.

UK Venues

 Date of purchase:                                     1 November 2024
 Number of ordinary shares of US$0.50 each purchased:  3,776,906
 Highest price paid per share:                         £7.1450
 Lowest price paid per share:                          £7.0830
 Volume weighted average price paid per share:         £7.1173

 

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:                                     1 November 2024
 Number of ordinary shares of US$0.50 each purchased:  2,748,400
 Highest price paid per share:                         HK$71.8500
 Lowest price paid per share:                          HK$71.4000
 Volume weighted average price paid per share:         HK$71.6830

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 30 October 2024, the
Company has repurchased 13,855,037 ordinary shares for a total consideration
of approximately US$128.0m.

On 1 November 2024, 23,139,200 ordinary shares of US$0.50 each were cancelled
which were awaiting cancellation having been repurchased on the Hong Kong
Stock Exchange previously under the Company's buy-back announced on 1 August
2024. Following cancellation of those shares and following the cancellation of
shares repurchased on the UK Venues today, the Company's issued ordinary share
capital will consist of 18,133,894,692 ordinary shares with voting rights.
There are no ordinary shares held in treasury. 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.

The above figure of 18,133,894,692 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, as amended), 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/6995K_1-2024-11-1.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/6995K_1-2024-11-1.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

shareholderquestions@hsbc.com

+44 (0)20 7991 8888

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSQKDBDOBDDBDK