Standard Chartered (GB:STAN) has released an update.
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Standard Chartered has repurchased over 565,000 of its ordinary shares as part of an ongoing buy-back program. The shares were bought at a volume-weighted average price of 997.62 pence per share, with plans to cancel them, reducing the total number of shares in circulation. This move is part of Standard Chartered’s strategy to manage its capital efficiently and potentially enhance shareholder value.
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