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HomeLatest NewsHSBC doubles its profits and announces its second share buyback plan

HSBC doubles its profits and announces its second share buyback plan

Date: May 28, 2024 Time: 20:16:13

The largest bank in Europe, HSBC, has registered an attributable net profit of 16,996 million dollars (15,435 million euros) in the first half of this year, which represents an increase of 113% compared to the same period in 2022. In the first six months of 2023, the group’s turnover soared 50.2%, to 36,876 million dollars (33,555 million euros), limited in a statement -which includes Efe-issued to the Hong Kong Stock Exchange, where it is listed , and

The entity’s CEO, Noel Quinn, assured that the results of the first half of the year are “solid” and announced a share repurchase plan of up to 2,000 million dollars in 2023.

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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