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Standard Chartered ( (GB:STAN) ) has issued an announcement.
Standard Chartered PLC has announced a purchase of 556,135 of its own ordinary shares as part of a share buy-back program, with prices ranging from 1,066.00 to 1,083.50 pence. The company plans to cancel these shares, which will reduce the total number of its shares in issue to 2,416,958,447, reflecting a strategic approach to manage its capital and enhance shareholder value.
More about Standard Chartered
Standard Chartered PLC is a prominent financial institution incorporated in England and Wales, operating primarily in the banking and financial services industry. The company focuses on providing a wide range of services including retail and corporate banking, treasury services, and wealth management, with a strong market presence in Asia, Africa, and the Middle East.
YTD Price Performance: 9.78%
Average Trading Volume: 4,919
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $32.16B
For an in-depth examination of STAN stock, go to TipRanks’ Stock Analysis page.
