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HSBC Completes US$2B Shr Repurchase Program

$HSBC HOLDINGS(00005.HK)$ announced that it repurchased a total of 3.3657 million shares in the UK and Hong Kong markets yesterday (27th), involving a total of approximately HK$217 million.

Of these, 1.8645 million shares were purchased in the UK market at prices ranging from GBP6.397 to GBP6.4554 per share, with a weighted average price of GBP6.4225 per share.
Another 1.5012 million shares were purchased on the Hong Kong Stock Exchange at a price per share ranging from HK$64.85 to HK$65, with a weighted average price of approximately HK$64.9414 per share.

The Company announced that, following the purchase of these shares, the buy-back has concluded. Since the commencement of the buy-back, the Company has repurchased for cancellation 129 million Ordinary Shares on the UK Venues at a volume weighted average price of GBP6.1271 per Ordinary Share, and 129 million Ordinary Shares on the Hong Kong Stock Exchange at a volume weighted average price of HK$60.5475 per Ordinary Share, for a total consideration of approximately US$2 billion.
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