Standard Chartered ( (GB:STAN) ) has provided an update.
Standard Chartered PLC announced the purchase of 1,170,886 of its ordinary shares as part of a share buy-back program, with prices ranging from 1,145.0000 to 1,171.5000 GB pence. The company plans to cancel these shares, reducing the total number of shares in issue to 2,388,612,274, which will impact the total voting rights 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 such as personal banking, corporate banking, and wealth management. The company operates in key markets across Asia, Africa, and the Middle East, serving a diverse range of clients from individuals to multinational corporations.
YTD Price Performance: 27.63%
Average Trading Volume: 6,426
Technical Sentiment Signal: Sell
Current Market Cap: $35.68B
Learn more about STAN stock on TipRanks’ Stock Analysis page.