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Standard Chartered ( (GB:STAN) ) has issued an update.
Standard Chartered PLC has completed its share buy-back program, acquiring 538,440 ordinary shares on January 30, 2025, with a volume weighted average price of 1,080.79 pence. The program, initiated in August 2024, saw the repurchase and cancellation of over 137 million shares, amounting to approximately $1.5 billion, which could enhance shareholder value and adjust the capital structure of the company.
More about Standard Chartered
Standard Chartered PLC is a major financial services company, incorporated in England and Wales. The company provides banking services and operates globally, with a focus on Asia, Africa, and the Middle East.
YTD Price Performance: 10.27%
Average Trading Volume: 4,360
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $32.65B
Learn more about STAN stock on TipRanks’ Stock Analysis page.
