Standard Chartered (GB:STAN) has released an update.
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Standard Chartered PLC has announced the repurchase of 546,284 of its own shares as part of its ongoing buy-back program. The shares were bought at an average price of 987.72 pence, with the intention to cancel them, reducing the total number of shares in issue to 2.43 billion. This strategic move aims to enhance shareholder value and optimize the company’s capital structure.
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