Standard Chartered ( (GB:STAN) ) has issued an update.
Standard Chartered PLC announced the purchase of 1,168,500 of its ordinary shares on 20 March 2025 as part of its ongoing share buy-back program. The shares were acquired at a volume-weighted average price of 1,175.1379 GB pence per share, with the intention to cancel them, reducing the total number of shares in issue to 2,394,505,354. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Standard Chartered
Standard Chartered PLC is a multinational banking and financial services company incorporated in England and Wales. It operates in the financial industry, providing a wide range of services including personal banking, corporate banking, wealth management, and investment services. The company has a significant market presence in Asia, Africa, and the Middle East.
YTD Price Performance: 28.46%
Average Trading Volume: 6,422
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $37.33B
See more data about STAN stock on TipRanks’ Stock Analysis page.