-+ 0.00%
-+ 0.00%
-+ 0.00%

HSBC Holdings (00005) plans to repurchase up to $1 billion in common stock

Zhitongcaijing·10/28/2026 11:09:12
Listen to the news

According to the Zhitong Finance App, HSBC Holdings (00005) announced that HSBC and Goldman Sachs International have entered into a number of non-discretionary repurchase agreements, allowing Goldman Sachs (as principal) to purchase common shares with a total value of up to $1 billion between October 29, 2026 and no later than February 19, 2027 (depending on whether regulatory approval is still valid), and sell the relevant shares to HSBC at the same time.