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An announcement from Standard Chartered ( (GB:STAN) ) is now available.
Standard Chartered has repurchased 975,000 of its US$0.50 ordinary shares on 1 April 2026 under its ongoing share buy-back programme, at a volume-weighted average price of 1,613.2448 pence, across the London Stock Exchange and Cboe venues. The bank has now deployed about US$470.7 million on buy-backs and plans to cancel the newly purchased shares, reducing the share count to 2,231,203,178 and consolidating shareholder value by increasing earnings per share and voting power for remaining investors.
More about Standard Chartered
Standard Chartered PLC is an international banking group headquartered in London, operating primarily in Asia, Africa and the Middle East. The bank offers retail and commercial banking, wealth management and financial markets services, and is listed in Hong Kong and London, where it targets both institutional and consumer clients across emerging and developed markets.
See more insights into STAN stock on TipRanks’ Stock Analysis page.