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HSBC woos investors with fresh buyback
Bangkok Post
|April 30, 2025
LONDON: HSBC Holdings Plc unveiled a fresh buyback for shareholders despite an increasingly fragile geopolitical backdrop that has weighed on the global economy and markets.
The London-headquartered lender said yesterday that it would buy back $3 billion, which is a $1 billion jump from its previous programme. The lender reported a pretax profit of $9.48 billion for the first quarter, comfortably beating estimates.
"Our strong results this quarter dem onstrate momentum in our earnings, discipline in the execution of our strategy and confidence in our ability to deliver our targets," Chief Executive Officer Georges Elhedery said.
Diese Geschichte stammt aus der April 30, 2025-Ausgabe von Bangkok Post.
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