Transaction in Own Shares

HSBC Holdings PLC

26 March 2024

 

HSBC HOLDINGS PLC

26 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:	26 March 2024
Number of ordinary shares of US$0.50 each purchased:	2,172,333
Highest price paid per share:	£6.2810
Lowest price paid per share:	£6.2430
Volume weighted average price paid per share:	£6.2655

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:	26 March 2024
Number of ordinary shares of US$0.50 each purchased:	4,936,800
Highest price paid per share:	HK$61.9500
Lowest price paid per share:	HK$61.6000
Volume weighted average price paid per share:	HK$61.8068

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 140,261,270 ordinary shares for a total consideration of approximately US$1,074.9m.

Following the cancellation of the shares repurchased on the UK Venues, the Company's issued ordinary share capital will consist of 18,983,735,188 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 18,983,735,188 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/4056I_1-2024-3-26.pdf

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

Correction to announcement released on 25 March 2024: In the "Transaction in Own Shares" announcement released on 25 March 2024 at 17:58:00 (UK time) under RNS Number 2267I, the number of shares purchased on the Hong Kong Stock Exchange was inadvertently stated as being 3,173,200, when the correct figure was 3,713,200. All other details in the announcement, including the figures to be used by shareholders for notifying their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, were correctly stated and remain unchanged.

Enquiries to:

Lee Davis
Corporate Governance & Secretariat

[phone]

 

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