Transaction in Own Shares & conclusion of buy-back

RNS Number : 8050I

HSBC Holdings PLC

20 April 2022

 

HSBC HOLDINGS PLC

20 April 2022

Transaction in own shares and conclusion of buy-back

HSBC Holdings plc (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 26 October 2021.

Date of purchase:	20 April 2022
Number of ordinary shares of US$0.50 each purchased:	7,837,868
Highest price paid per share:	£5.4100
Lowest price paid per share:	£5.2610
Volume weighted average price paid per share:	£5.3586

All repurchases by the Company are "on Exchange" transactions (as such term is defined in the rules of the London Stock Exchange) and "on market" for the purposes of the Companies Act 2006.

Following the cancellation of the repurchased shares, the Company will have 20,449,920,655 ordinary shares in issue, including 325,273,407 ordinary shares which are held in treasury. Therefore the total voting rights in the Company will be 20,124,647,248. 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.

The Company announces that, following the purchase of these shares, the buy-back has concluded. Since the commencement of the buy-back, the Company has repurchased for cancellation 311,832,807 Ordinary Shares at a volume weighted average price of £4.8128 per Ordinary Share for a total consideration of approximately US$2bn.

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 attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/8050I_1-2022-4-20.pdf

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

Enquiries to:

Lee Davis

Corporate Governance & Secretariat

[phone]

 

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