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Standard Chartered Executes Share Buy-back to Enhance Shareholder Value
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Standard Chartered Executes Share Buy-back to Enhance Shareholder Value

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An update from Standard Chartered ( (GB:STAN) ) is now available.

Standard Chartered PLC announced the purchase of 548,305 of its ordinary shares as part of a previously announced share buy-back program. The shares were acquired at prices ranging from 1,062.00 to 1,081.00 pence per share, with a volume-weighted average price of 1,074.30 pence. This buy-back is intended to enhance shareholder value, with the purchased shares being canceled to reduce the total number of shares in issue to 2,417,514,582, which will also be the total number of voting rights.

More about Standard Chartered

Standard Chartered PLC is a public limited company incorporated in England and Wales, operating in the financial services industry. It offers a range of banking products and services including personal banking, corporate banking, and wealth management, with a focus on international markets.

YTD Price Performance: 9.78%

Average Trading Volume: 4,919

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $32.16B

See more data about STAN stock on TipRanks’ Stock Analysis page.

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