Portfolio

HSBC launches $1bn share buyback

By Michele Maatouk

Date: Wednesday 04 May 2022

HSBC launches $1bn share buyback

(Sharecast News) - HSBC said on Wednesday that it has launched its $1bn planned share buyback.
The bank said Merrill Lynch has been appointed to conduct the buyback, in which a maximum of just over 2m shares can be repurchased.

The buyback process will end no later than 31 August.

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