Standard Chartered Advances Share Buy-Back Program

Standard Chartered (GB:STAN) has released an update.

Standard Chartered has repurchased 557,138 of its own shares, with prices ranging from 921.00 to 969.40 pence, as part of its ongoing share buy-back program. The bank plans to cancel these shares, adjusting its total number of shares in issue to 2.44 billion. This move is part of Standard Chartered’s strategy to optimize its capital structure and enhance shareholder value.

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