0

I was checking HSBC 2020 Q1 earnings release's balance sheet, and under share count, the first line says "period end basic number of $0.50 ordinary shares outstanding." I believe that the first line simply means the number of shares outstanding in the market. But, would anyone know what's the need to say "period end basic number of $0.50"?

I have attached a screenshot for reference.

enter image description here

4
  • Does this answer your question? Relation between par value, offering price and trading range
    – base64
    May 23, 2020 at 14:56
  • @base64 appreciate the comment, but I'm not sure if that question relates 😅 May 23, 2020 at 15:28
  • Without seeing any more detail, I would assume it just means the number of shares outstanding at the end of the period in question... that is, at the end of Q1 2020, whenever that was.
    – TripeHound
    May 23, 2020 at 17:33
  • 1
    @BøbbyLeung The $0.50 is the par value (per share) of the 20.172 billion shares outstanding at the end of the accounting period.
    – D Stanley
    May 24, 2020 at 15:38

0

You must log in to answer this question.