HSBC Buyback Strategy for 2023

HSBC Announces Second £2 Billion Share Buyback

Bank Upgrades Profitability Target Amidst Rising Interest Rates

HSBC Holdings plc has announced a second share buyback worth £2 billion for the year 2023, marking a significant move following the bank's strong performance in the third quarter amidst rising interest rates. This buyback, along with the previously announced £3 billion buyback, brings the total share repurchases for the year to £5 billion.