Standard Chartered Advances Share Buy-back Program with Latest Purchase

Standard Chartered ( (GB:STAN) ) has shared an announcement.

Standard Chartered PLC announced the purchase of 1,175,000 of its ordinary shares as part of its ongoing share buy-back program, with the transaction completed on 14 May 2025. The buy-back, executed through J.P. Morgan Securities plc, involved shares being acquired at a volume-weighted average price of 1,142.2551 GB pence per share. This move is part of Standard Chartered’s strategy to manage its capital structure and enhance shareholder value, with the purchased shares set to be cancelled, reducing the total number of shares in issue to 2,357,532,518.

The most recent analyst rating on (GB:STAN) stock is a Hold with a £11.70 price target. To see the full list of analyst forecasts on Standard Chartered stock, see the GB:STAN Stock Forecast page.

Spark’s Take on GB:STAN Stock

According to Spark, TipRanks’ AI Analyst, GB:STAN is a Outperform.

Standard Chartered’s overall stock score is supported by strong financial growth, strategic initiatives like share buybacks, and an attractive valuation. However, challenges such as declining cash flows and mixed technical indicators temper its overall attractiveness. The positive earnings call and corporate events further bolster the stock’s outlook.

To see Spark’s full report on GB:STAN stock, click here.

More about Standard Chartered

Standard Chartered PLC is a leading international banking group, primarily focused on providing financial services such as personal and corporate banking, wealth management, and investment services. The company operates in key markets across Asia, Africa, and the Middle East, serving a diverse range of clients and stakeholders.

Average Trading Volume: 8,284,907

Technical Sentiment Signal: Buy

Current Market Cap: £27.05B

Find detailed analytics on STAN stock on TipRanks’ Stock Analysis page.