Standard Chartered Boosts Shareholder Value with Buy-Back

Standard Chartered (GB:STAN) has released an update.

Standard Chartered has announced the repurchase of 514,772 of its own shares as part of its ongoing buy-back program, with the shares purchased at an average price of 997.71 pence each. This move is part of the bank’s strategy to enhance shareholder value by reducing the number of shares in circulation. Following this transaction, the total number of voting rights in Standard Chartered will be 2,429,472,551.

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