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An announcement from Standard Chartered ( (GB:STAN) ) is now available.
Standard Chartered PLC has announced a purchase of 563,246 of its own ordinary shares as part of a share buy-back program, with prices ranging from 1,004.50 to 1,031.50 pence per share. This strategic move is expected to enhance shareholder value by reducing the number of shares in circulation, while the company continues to operate within regulatory frameworks and aims to maintain its competitive position in the financial services market.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, operating in the financial services industry. The company offers a range of services including retail banking, corporate banking, and wealth management, with a strong focus on emerging markets in Asia, Africa, and the Middle East.
YTD Price Performance: 2.94%
Average Trading Volume: 6,336
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $30.28B
For detailed information about STAN stock, go to TipRanks’ Stock Analysis page.