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Standard Chartered Cancels Further Shares After £1.84 Buy-Back Purchases

Story Highlights
  • Standard Chartered repurchased 527,986 shares on 23 January 2026 at an average 1,843 pence.
  • The bank has spent over US$1.27 billion on buy-backs and will cancel these shares, reducing total shares in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Standard Chartered Cancels Further Shares After £1.84 Buy-Back Purchases

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The latest update is out from Standard Chartered ( (GB:STAN) ).

Standard Chartered PLC has continued its previously announced share buy-back programme, purchasing 527,986 of its US$0.50 ordinary shares on 23 January 2026 from Goldman Sachs International at a volume-weighted average price of 1,843.21 pence per share across the London Stock Exchange and CBOE venues. The bank has now applied more than US$1.27 billion to repurchase shares under this programme and intends to cancel the newly acquired stock, reducing the number of ordinary shares in issue to 2,254,370,803 and thereby consolidating earnings per share and potentially enhancing shareholder value through a smaller free-float and higher voting-rights concentration for remaining investors.

The most recent analyst rating on (GB:STAN) stock is a Hold with a £2003.00 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 strong earnings performance and strategic initiatives, such as share buy-backs, contribute positively to its stock score. While financial performance is solid, challenges in cash flow and operational efficiency need attention. The technical analysis supports a positive outlook, and the valuation suggests reasonable pricing.

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

More about Standard Chartered

Standard Chartered PLC is a UK-headquartered international banking group, operating primarily in Asia, Africa and the Middle East. It offers a wide range of financial services including retail and commercial banking, corporate and institutional banking, and wealth management, with a focus on emerging and high-growth markets.

YTD Price Performance: 0.38%

Average Trading Volume: 4,550,486

Technical Sentiment Signal: Buy

Current Market Cap: £41.26B

For detailed information about STAN stock, go to TipRanks’ Stock Analysis page.

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