Standard Chartered (GB:STAN) has released an update.
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Standard Chartered has repurchased 529,790 of its own shares as part of a share buy-back program, with prices ranging from 971.60 to 987.20 pence per share. The bank plans to cancel the acquired shares, reducing its total voting shares to approximately 2.43 billion. This strategic move aims to enhance shareholder value and optimize the company’s capital structure.
For further insights into GB:STAN stock, check out TipRanks’ Stock Analysis page.
