Standard Chartered ( (GB:STAN) ) has shared an announcement.
Standard Chartered PLC has announced the purchase of 1,140,000 of its ordinary shares as part of a share buy-back program. The company intends to cancel these shares, reducing its total number of shares in issue to 2,407,448,435. This move is part of a strategic initiative to optimize the company’s capital structure and potentially enhance shareholder value.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, incorporated in England and Wales. The company provides a wide range of financial services, including personal banking, corporate banking, and wealth management, with a strong focus on emerging markets.
YTD Price Performance: 33.41%
Average Trading Volume: 6,026
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $38.18B
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