HSBC (HKG:0005) bought back for cancellation over 4.4 million shares from Morgan Stanley, according to a Hong Kong bourse filing Thursday.
The bank bought 2,708,138 shares on UK avenues, which include the London Stock Exchange, Aquis Exchange, and Cboe Europe, at a volume-weighted average price of 9.25 pounds sterling each.
HSBC also repurchased a further 1,710,000 shares on the Hong Kong Stock Exchange at a volume-weighted average price of HK$97.90 apiece.
The shares were repurchased as part of the company's buyback program.
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