HSBC steps up dividend plans, eyes buybacks as outlook brightens


“We definitely feel more confident,” chief financial officer Ewen Stevenson said on Bloomberg Television. “We will keep buybacks under review” together with dividends.

LONDON: HSBC Holdings Plc is accelerating plans for shareholder payouts as the global economy is starting to emerge from the worst effects of the pandemic.

The bank expects to meet its target of paying out 40% to 55% of earnings in dividends this year, rather than next.

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HSBC , Ewen Stevenson , dividends , buybacks , shares ,

   

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