Standard Chartered ( (GB:STAN) ) just unveiled an announcement.
Standard Chartered PLC has announced the purchase of 1,218,000 of its own ordinary shares as part of its ongoing share buy-back program. This move, which involves significant financial allocation, is aimed at reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares and strengthening the company’s market position.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, incorporated in England and Wales, with a focus on providing financial services across Asia, Africa, and the Middle East. The company offers a range of products and services including personal banking, corporate banking, wealth management, and investment banking.
YTD Price Performance: 24.65%
Average Trading Volume: 5,272
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $36.26B
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