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HSBC Holdings Enters Repurchase Agreement with BNP Paribas for Up to US$1 Billion of Shares

Published: Updated: By 24TopNews Editorial Desk

HSBC Holdings announced that it has entered into multiple non-discretionary repurchase agreements with BNP Paribas. Under the agreements, BNP Paribas, acting as principal, may purchase ordinary shares with an aggregate value of up to US$1 billion and sell those shares to HSBC, during the period from 6 August 2026 to no later than 23 October 2026, subject to the continued validity of regulatory approvals.