HSBC Q2 Profit Jumps; Up to US$1B Buyback Announced

HSBC's second-quarter net profit surged, and it announced a share buyback of up to US$1 billion, per its 4 August Interim Results 2026 — the first capital return tied to 2026 interim performance. A buyback means repurchasing shares to reduce supply. This is a plan, not yet executed. HSBC returned US$18.9 billion to shareholders for 2025 via buybacks and dividends.