An update from Standard Chartered ( (GB:STAN) ) is now available.
Standard Chartered PLC announced the purchase of 491,297 of its ordinary shares as part of a share buy-back program. The shares were acquired at prices ranging from 1,211.5000 to 1,228.0000 GB pence, with a volume-weighted average price of 1,219.3637 GB pence. The company plans to cancel these shares, reducing the total number of shares in issue to 2,412,534,548, which will also be the total number of voting rights. This move is part of Standard Chartered’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, primarily focused on providing financial services and products across Asia, Africa, and the Middle East. The company offers a wide range of services including personal and corporate banking, wealth management, and investment solutions.
YTD Price Performance: 26.35%
Average Trading Volume: 5,011
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $36.67B
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