share buybacks

HSBC resumed share buybacks following a first-half pretax profit of $19.5 billion, which exceeded expectations. The bank also raised its full-year net interest income guidance.

HSBC has resumed share buybacks following a surge in quarterly profit to $10.1 billion, driven by growth in its wealth management and insurance businesses in Hong Kong.

Chinese companies are preparing their largest share buyback wave since the 2025 trade war escalation to address a stock selloff and enhance investor confidence.

Commodity trading giant Vitol Group paid out $5.9 billion to its executives and senior staff through share buybacks in 2025, despite its profits declining by more than half to $4.2 billion.

Alphabet's free cash flow turned negative for the first time in its 22-year public history, driven by increased AI spending of $205 billion and a pending $40 billion share offering. The company reported a 7% stock price drop and no share buybacks for two consecutive quarters, with CFO Anat Ashkenazi warning of 2027 capex pressures on profits.

Lenovo Group plans to raise US$2 billion through a convertible-bond offering to repurchase existing debt and buy back shares. The proposed zero-coupon convertible bonds will mature in 2033 and can be exchanged for 426.9 million shares at a conversion price of HK$36.70, or US$4.68 a share.

Salesforce CEO Marc Benioff outlined a strategy to address the company's struggling stock by focusing on delivering strong products for customers and implementing share buybacks.