“HSBC Plans $3 Billion Buyback, CEO Touts Capital Strength”
October 30, 2023
“…The London-headquartered bank said that it would shortly begin buying back an additional $3 billion of its shares, taking total stock repurchases for the year to $7 billion. HSBC Chief Executive Officer Noel Quinn signaled there may be more to come.
“We’ve got very strong capital generation at the moment,” Quinn said, speaking in an interview Monday with Bloomberg Television. “We’re in a good position to reward our shareholders for their patience and loyalty over the past few years.”…”
https://finance.yahoo.com/news/hsbc-announces-3-billion-share-041600103.html