HSBC Bought Back 580,000 Shares On Sept 21 For HK$93.2 Million, HKEX Filing Shows

HSBC Holdings repurchased 590,000 shares on 21 September 2026, totaling US$827.1 million since the program began on 5 August 2026. The buyback, executed in the UK and Hong Kong, aims to enhance earnings per share and shareholder value, according to the company.

HSBC plans to use $14.5B in foreign currency deposits to expand wealth and retail banking in India, according to The Economic Times. The funds were raised under a special RBI facility, with HSBC being the second-largest mobiliser. The bank aims to lend and grow its wealth business, adding 12 branches and launching a retail broking service. Deposits were primarily from the Middle East, Singapore, and Hong Kong, with half placed for five years.

HSBC raised $14.5 billion in FCNR deposits, second to ICICI Bank, to expand wealth and retail banking in India. Funds will open 12 branches and offer mortgages, sourced from Middle East, Singapore, and Hong Kong.

HSBC (HSBA) declared a second interim dividend of $0.10 per share, payable in 2026, and announced share repurchases totaling ~$125M. The bank reported $22B in Q2 wealth net new money, driven by Hong Kong and wealth management. HSBC also plans $2B in simplification savings and disclosed CFO Pam Kaur's departure. The bank is an anchor investor in the NSE IPO.

Moody’s affirmed HSBC’s A3 senior unsecured debt ratings, shifting the outlook to positive from stable. The upgrade reflects stronger profitability, business simplification, and resilient financial metrics. Moody’s expects HSBC to maintain 17%+ return on tangible equity and 14.0%-14.5% CET1 capital ratio by 2028. The ratings agency also upgraded HSBC Bank and HSBC Continental Europe’s Baseline Credit Assessments to baa2.

HSBC (HSBC) announced the cancellation of 817,400 additional shares as part of its buy-back program. The bank purchased 505,000 shares on UK venues at an average price of £15.1862 and 312,400 shares on the Hong Kong Stock Exchange at an average price of HK$159.0793. Since the program began, HSBC has repurchased 36.2 million shares for $745.9 million.