HSBC HOLDINGS
PLC
4 September 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 1 August
2024.
UK Venues
|
Date of purchase:
|
4 September 2024
|
|
Number of ordinary shares of US$0.50 each
purchased:
|
2,669,721
|
|
Highest price paid per share:
|
£6.6170
|
|
Lowest price paid per share:
|
£6.5180
|
|
Volume weighted average price paid per
share:
|
£6.5732
|
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:
|
4 September 2024
|
|
Number of ordinary shares of US$0.50 each
purchased:
|
3,542,400
|
|
Highest price paid per share:
|
HK$67.2500
|
|
Lowest price paid per share:
|
HK$66.5500
|
|
Volume weighted average price paid per
share:
|
HK$66.8490
|
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 1 August 2024, the Company has repurchased 133,920,151
ordinary shares for a total consideration of approximately
US$1,128.9 m.
On 4 September 2024, 26,562,000 of the ordinary
shares of US$0.50 each which were awaiting cancellation having been
repurchased on the Hong Kong Stock Exchange previously were
cancelled. Following cancellation of those shares and following the
cancellation of shares repurchased on the UK Venues, the Company's
issued ordinary share capital will consist of 18,371,113,865
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 18,371,113,865 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/9587C_1-2024-9-4.pdf
This announcement will also be available on
HSBC's website at www.hsbc.com/sea
Enquiries to:
Lee Davis
Corporate Governance & Secretariat
shareholderquestions@hsbc.com
+44 (0)20 7991 8888