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Home Tag Archives: HSBC’s

Tag Archives: HSBC’s

HSBC’s $2.5 billion buy-back boosts shares as bank postpones profit goal

By subhadip
August 3, 2016
in :  News
Comments Off on HSBC’s $2.5 billion buy-back boosts shares as bank postpones profit goal

HSBC (HSBA.L) announced a $2.5 billion share buy-back and pared ambitions to grow dividend payouts and returns as it took pragmatic steps to soothe investors amid slowing growth in its home markets of Britain and Hong Kong. The lender’s London-listed shares were trading 3.6 percent higher at 0808 GMT (4:08 a.m. ET) after the buy-back took the sting out of …

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