{
  "id": 114440,
  "title": "HSBC sets aside US$1 billion for first share buy-back since October",
  "url": "https://urgent.news/2026/08/04/hsbc-sets-aside-us-1-billion-for-first-share-buy-back-since-october",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T04:13:44.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/banking-finance/article/3362872/hsbc-sets-aside-us1-billion-first-share-buy-back-october"
  },
  "original_language": "en",
  "account": null,
  "summary": "HSBC has announced a US$1 billion share buy-back program, marking its first repurchase since October. The decision comes after the bank reported a 60% increase in its second-quarter pre-tax profit to US$10.15 billion, surpassing analysts' estimates of US$9.5 billion. The bank had previously paused share buy-backs in October to conserve capital for its US$14 billion acquisition of subsidiary Hang Seng Bank. The buy-back was expected as the market anticipated HSBC to resume repurchases in the July-to-September quarter, with estimates ranging from US$1.5 billion to US$2 billion. The bank will also pay a quarterly dividend of 10 US cents per share, maintaining the same amount declared a year earlier.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}