Standard Chartered Announces Vesting of LTIP Shares

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Standard Chartered Announces Vesting of LTIP Shares

Standard Chartered ( (GB:STAN) ) has provided an update.

Standard Chartered PLC has announced the vesting of the first tranche of shares under its 2022-2024 Long Term Incentive Plan (LTIP). This transaction, involving 28,579 ordinary shares priced at £11.908 each, was conducted on the London Stock Exchange on March 19, 2025. This move signifies the company’s commitment to rewarding its leadership and aligning their interests with long-term shareholder value, potentially strengthening its position in the competitive financial services industry.

More about Standard Chartered

Standard Chartered PLC is a leading international banking group, incorporated in England and Wales. The company provides a wide range of financial services and operates primarily in Asia, Africa, and the Middle East, focusing on emerging markets.

YTD Price Performance: 28.46%

Average Trading Volume: 6,422

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $37.33B

For an in-depth examination of STAN stock, go to TipRanks’ Stock Analysis page.

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