HSBC Buys Back 409,200 Shares In Hong Kong, 10,000 In UK

HSBC Holdings (00005) said it bought back 409,200 shares in Hong Kong yesterday for cancellation, at prices ranging from HK$165.4 to HK$167.6 each, with a volume-weighted average price of HK$166.7935. The repurchase cost about HK$68.2519 million, according to ETNet. The bank also repurchased 10,000 shares in the UK market yesterday at prices between 15.624 pounds and 15.806 pounds each, with a weighted average price of 15.71 pounds. Since announcing its share buyback plan on Aug. 5, HSBC has repurchased about 26.0354 million shares for a total consideration of about $536.4 million.