HSBC Holdings plc has launched a $2 billion share buy-back program to repurchase up to 900,447,696 ordinary shares, aiming to reduce its outstanding shares. The buy-back will occur from February 21, 2025, to April 25, 2025, pending regulatory approval, and will be executed through Merrill Lynch International across various stock exchanges. Shares acquired will be cancelled in compliance with shareholder authority and applicable regulations.