Standard Chartered ( (GB:STAN) ) has shared an announcement.
Standard Chartered PLC announced the purchase of 1,116,741 of its ordinary shares as part of a share buy-back program. The shares were bought at an average price of 1,266.2633 GB pence and will be cancelled, reducing the total number of shares in issue to 2,410,831,613. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value.
More about Standard Chartered
Standard Chartered PLC is a multinational banking and financial services company. It offers a range of products and services including retail banking, corporate banking, and wealth management, with a strong focus on emerging markets.
YTD Price Performance: 30.36%
Average Trading Volume: 5,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $38.38B
For detailed information about STAN stock, go to TipRanks’ Stock Analysis page.