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Standard Chartered Announces Vesting of LTIP Shares

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Standard Chartered Announces Vesting of LTIP Shares

Standard Chartered ( (GB:STAN) ) has issued an announcement.

Standard Chartered PLC has announced the vesting of the second tranche of shares under its 2021-2023 Long Term Incentive Plan (LTIP) following performance assessments. This transaction involves the vesting of 29,919 ordinary shares at a price of £11.629 each, conducted on the London Stock Exchange. This move reflects the company’s ongoing commitment to incentivizing its leadership and aligning their interests with shareholder value, potentially impacting the company’s operational strategy and stakeholder engagement.

More about Standard Chartered

Standard Chartered PLC is a multinational banking and financial services company incorporated in England and Wales. It primarily operates in the financial industry, offering a range of services including personal banking, corporate banking, wealth management, and investment services. The company has a significant market focus on Asia, Africa, and the Middle East.

YTD Price Performance: 27.59%

Average Trading Volume: 4,004

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $37.3B

See more data about STAN stock on TipRanks’ Stock Analysis page.

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