tiprankstipranks
Standard Chartered Executes Share Buy-back to Enhance Shareholder Value
Company Announcements

Standard Chartered Executes Share Buy-back to Enhance Shareholder Value

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

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

Standard Chartered PLC has announced the repurchase of 556,441 of its ordinary shares as part of its ongoing share buy-back program. This program is expected to impact the company’s capital structure by reducing the number of shares in circulation, potentially increasing the value of remaining shares and enhancing shareholder value.

More about Standard Chartered

Standard Chartered PLC is a leading banking and financial services organization incorporated in England and Wales. It operates internationally, providing a wide range of banking services and financial products, primarily focusing on emerging markets.

YTD Price Performance: 10.27%

Average Trading Volume: 4,360

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $32.65B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App