Standard Chartered (GB:STAN) has released an update.
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Standard Chartered PLC has announced the repurchase of 525,692 of its own shares as part of its ongoing buy-back program, with prices ranging from 965.80 to 977.00 pence per share. The bank plans to cancel these shares, reducing the total number of shares in issue and potentially enhancing shareholder value. This move reflects Standard Chartered’s strategy to manage its capital more effectively.
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