Standard Chartered (GB:STAN) has released an update.
Standard Chartered PLC has repurchased 1,488,661 of its own shares as part of a previously announced buy-back program, with intentions to cancel them, which will subsequently reduce the number of shares in issue and total voting rights to 2,540,091,301. The transaction, conducted through various trading venues, involved a volume weighted average price range of 703.80 to 717.40 GB pence per share. This move is part of the company’s capital management strategy, details of which can be found on their website.
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