Standard Chartered Cancels Further Shares After Continuing £ Buy-back Programme

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

Standard Chartered PLC has continued execution of its previously announced share buy-back programme, purchasing 530,530 ordinary shares on 6 January 2026 from Goldman Sachs International at a volume-weighted average price of 1,855.83 pence per share across the London Stock Exchange and CBOE venues. The bank has now deployed over US$1.1 billion into the buy-back and intends to cancel the newly repurchased shares, reducing the number of shares in issue to 2,261,392,632 and thereby consolidating voting rights, a move that underscores management’s ongoing capital return strategy and may enhance earnings per share for existing investors.

The most recent analyst rating on (GB:STAN) stock is a Buy with a £1965.00 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 an international banking group headquartered in the UK, focused on retail, commercial and institutional banking services, with a strong presence in emerging markets across Asia, Africa and the Middle East.

Average Trading Volume: 5,104,430

Technical Sentiment Signal: Buy

Current Market Cap: £41.95B

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