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HSBC HOLDINGS Picks Up 2%+ after Midday on Plan of USD3B Max. Shr Buyback
Recommend 33 Positive 71 Negative 27 |
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HSBC HOLDINGS (00005.HK) announced its 1Q25 results at noon today (29th), reporting a 25% decline in reported PBT to USD9.484 billion. The bank declared a first interim DPS of USD10 cents and planned to initiate a share buyback of up to USD3 billion, while expecting to commence shortly after its AGM on 2 May 2025 and to complete within the period before its 2025 interim results announcement. HSBC HOLDINGS dipped 0.5% in the morning session but surged in the afternoon, last trading at HKD87.7, up 2.27%, with a turnover of HKD1.369 billion. AAStocks Financial News |
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