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
+44 (0) 207 991 3048