Standard Chartered (GB:STAN) has released an update.
Standard Chartered PLC has announced the purchase of 1,548,553 of its own shares as part of a buy-back program, with the intention of cancelling them to reduce the number of shares in issue. The shares were bought at prices ranging from 744.20 to 755.00 GB pence per share, with a total expenditure of $175,416,189.61 thus far on the buy-back. Following the cancellation, the company will have 2,531,255,544 ordinary shares remaining, equating to the same number of voting rights.
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