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Standard Chartered Allocates Shares to Interim CIO

Story Highlights
  • Standard Chartered allocates shares to Interim CIO Alvaro Garrido.
  • The share allocation reflects the company’s focus on aligning management incentives with shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Standard Chartered Allocates Shares to Interim CIO

An update from Standard Chartered ( (GB:STAN) ) is now available.

Standard Chartered PLC has announced the allocation of ordinary shares and deferred shares under the 2021 Standard Chartered Share Plan to Alvaro Garrido, the Interim Group Chief Information Officer. This transaction, conducted on the London Stock Exchange, involves a retention period of twelve months for the allocated shares, reflecting the company’s commitment to aligning management incentives with shareholder interests and enhancing corporate governance.

More about Standard Chartered

Standard Chartered PLC is a leading international banking group, incorporated in England and Wales, with a focus on providing financial services and products across various markets globally. The company is known for its strong presence in Asia, Africa, and the Middle East, offering services such as personal banking, corporate banking, and wealth management.

YTD Price Performance: 27.51%

Average Trading Volume: 4,096

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $36.27B

For a thorough assessment of STAN stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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