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HSBC Holdings PLC - London-based bank - Completes its $2 billion share buyback on Thursday. Since launching the programme in early August, HSBC buys back 129.8 million shares in the UK at an average price of £6.19 and 129.1 million shares in Hong Kong at an average price of HK$60.60. The buyback is run by Merrill Lynch International. After cancelling the 258.9 million shares, HSBC will have 19.8 million shares, including 325.3 million held in treasury. Current stock price: 614.50 pence, up 0.9% in London on Friday morning 12-month change: up 37% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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