Shareholdings articles
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HSBC dished out $19bn to shareholders last year – and there’s more to come in 2024
HSBC dished out roughly $19bn (£15.1bn) to shareholders in respect of last year and expects continued strong payouts in 2024, its management has said, as Europe's biggest bank looks to weather economic uncertainity and interest rate cuts.
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Shareholders are on a spree, raking in more in dividends than the average worker makes in eight months
Wages have only increased by 3%, but payouts for shareholders has hiked by 45%.
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Swiggy secures shareholder nod for a potential $1.2 billion IPO
Bengaluru-based Swiggy has received a go-ahead from its shareholders for its initial public offering (IPO), as per regulatory filings. The food and grocery delivery company plans to raise up to Rs 3,750 crore ($450 million) in fresh capital, in addition to an offer-for-sale (OFS) component of up to Rs 6,664 crore ($800 million), according to filings made with the Registrar of Companies.Swiggy, which is yet to file its IPO documents with the country’s capital markets regulator Securities and...