Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Standard Chartered ( (GB:STAN) ) has issued an update.
Standard Chartered PLC has executed a share buy-back program, purchasing 542,106 of its own shares at an average price of 1,066.86 pence per share, as part of its ongoing efforts to optimize capital structure and enhance shareholder value. The purchased shares will be canceled, reducing the total number of shares in issue to 2,415,870,466, which aligns with the company’s strategic financial management goals, potentially affecting its market positioning and stakeholder interests positively.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, with a strong presence in Asia, Africa, and the Middle East. The company offers a wide range of financial services, including personal banking, corporate banking, wealth management, and investment banking, focusing on emerging markets and providing innovative solutions to meet the needs of its global clientele.
YTD Price Performance: 7.62%
Average Trading Volume: 4,494
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $32.36B
Find detailed analytics on STAN stock on TipRanks’ Stock Analysis page.
