Standard Chartered (GB:STAN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Standard Chartered PLC announced a significant share buy-back, acquiring over 1.65 million of its ordinary shares through Goldman Sachs International. The transaction, part of a previously detailed buy-back programme, involved shares priced between 840.20 and 861.00 pence each. This move aims to consolidate the company’s share capital, with Standard Chartered intending to cancel the purchased shares, resulting in a total of approximately 2.46 billion ordinary shares in issue.
For further insights into GB:STAN stock, check out TipRanks’ Stock Analysis page.
