HSBC Holdings plc disclosed a reduction in its ordinary share base and fresh repurchase activity as part of its ongoing 2026–2027 buyback programme.

• Share cancellation: On 22 September 2026, 2.00 million ordinary shares were cancelled, cutting the issued share count to 17.15 billion. The cancelled shares equated to 0.0117% of the company’s outstanding shares as of the previous balance date.

• Outstanding yet-to-be-cancelled shares: As of the same date, 5.77 million repurchased shares remain pending cancellation. These include 1.00 million shares acquired on the London Stock Exchange (LSE) on 22 September and 0.95 million shares bought on the Hong Kong Stock Exchange (HKEX) that day, alongside earlier purchases completed between 11 and 21 September across both markets.

• 22 September repurchase details – LSE and other UK venues: 1.00 million shares were bought at prices ranging from GBP 15.104 to GBP 15.360, with a volume-weighted cost of GBP 15.13 million. – HKEX: 0.95 million shares were acquired at HKD 159.1 to HKD 161.7, for a total consideration of HKD 152.17 million.

• Buyback capacity: Following shareholder approval on 8 May 2026, HSBC can repurchase up to 1.72 billion shares. Cumulative purchases since that mandate now stand at 42.15 million shares, representing 0.2453% of the shares in issue at the mandate date.

• Moratorium: In line with Main Board Rule 10.06(3), HSBC is restricted from issuing new shares or transferring treasury shares until 22 October 2026, except for contingent convertible securities already cleared with the Hong Kong Stock Exchange.

The latest actions underscore HSBC’s continued execution of its authorised share buyback strategy, aiming to optimise capital structure while staying within the parameters set by its shareholders and regulatory consents.