Company: HBCYF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001654954-25-004763
Chunk: 57

Company: HSBC HOLDINGS PLC
Filing Date: 2025-04-29
Form: 6-K
Chunk 57
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 September 2024. On 17 January 2025, the PRA revised the implementation date to 1 January 2027 to allow greater clarity regarding implementation in the US. The RWA output floor is now subject to a three-year transitional provision, ensuring that the date for full implementation remains 1 January 2030. We continue to assess the impact of Basel 3.1 standards on our capital, including the recent release of more beneficial PRA near-final rules, developments in the US and associated implementation challenges (including data provision). We expect that the impact on our CET1 ratio at 1 January 2027 will be a modest benefit.

➢ For further details, see our Pillar 3 Disclosures at 31 March 2025, which is expected to be published on or around 7 May 2025 at www.hsbc.com/investors.

Additional information

Dividends

Fourth interim dividend for 2024

On 19 February 2025, the Directors approved a fourth interim dividend for 2024 of $0.36 per ordinary share, which was paid on 25 April 2025 in cash. The pound sterling and Hong Kong dollar amounts of approximately £0.273198 and HK$2.791007 were calculated using the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00am on 14 April 2025.

First interim dividend for 2025

On 29 April 2025, the Directors approved a first interim dividend in respect of the financial year ending 31 December 2025 of $0.10 per ordinary share (the 'dividend'), a distribution of approximately $1.765bn. The dividend will be payable on 20 June 2025 to holders of record on the Principal Register in the UK, the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register on 9 May 2025.

The dividend will be payable in US dollars, or in pounds sterling or Hong Kong dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00am on 9 June 2025. The ordinary shares in London, Hong Kong and Bermuda will be quoted ex-dividend on 8 May 2025. American Depositary Shares ('ADSs') in New York will be quoted ex-dividend on 9 May 2025.

The default currency on the Principal Register in the UK is pounds sterling, and dividends can also be paid in Hong Kong