HSBC HOLDINGS
PLC
22 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:
|
22 March 2024
|
|
Number of ordinary shares of US$0.50 each
purchased:
|
1,744,664
|
|
Highest price paid per share:
|
£6.2700
|
|
Lowest price paid per share:
|
£6.2050
|
|
Volume weighted average price paid per
share:
|
£6.2594
|
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:
|
22 March 2024
|
|
Number of ordinary shares of US$0.50 each
purchased:
|
4,167,600
|
|
Highest price paid per share:
|
HK$61.4000
|
|
Lowest price paid per share:
|
HK$60.5000
|
|
Volume weighted average price paid per
share:
|
HK$60.8793
|
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
127,152,485 ordinary
shares for a total consideration of approximately
US$971.7m.
Following the cancellation of the shares
repurchased on the UK Venues, the Company's issued ordinary share
capital will consist of 18,988,193,973 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 18,988,193,973 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/0434I_1-2024-3-22.pdf
This announcement will also be available on
HSBC's website at www.hsbc.com/sea
Enquiries to:
Lee Davis
Corporate Governance & Secretariat
+44 (0) 207 991 3048