Standard Chartered ( (GB:STAN) ) has shared an announcement.
Standard Chartered PLC announced the purchase of 850,000 of its ordinary shares as part of its ongoing share buy-back program. The shares were acquired at a volume-weighted average price of 1,145.3680 GB pence and will be canceled, reducing the company’s total number of shares in issue to 2,385,345,079. 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 leading international banking group, offering a range of financial services and products. It operates primarily in Asia, Africa, and the Middle East, focusing on corporate and institutional banking, retail banking, and wealth management.
YTD Price Performance: 22.28%
Average Trading Volume: 6,487
Technical Sentiment Signal: Sell
Current Market Cap: $34.89B
See more data about STAN stock on TipRanks’ Stock Analysis page.