Hsbc Holdings Plc (UK) (GB:HSBA) has released an update.
HSBC Holdings PLC celebrated a record-breaking year with profits exceeding $30 billion for the first time in its history, resulting in the highest dividend payout since 2008 at 61 US cents per share. The AGM highlighted the successful execution of the current strategy, leading to a robust return on tangible equity and significant shareholder returns through dividends and buy-backs, totaling approximately $19 billion for 2023. Group Chairman Mark Tucker and retiring CEO Noel Quinn assured shareholders of a strong performance trajectory amidst global economic challenges, while also emphasizing their commitment to net zero transition and strategic growth opportunities.
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