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Standard Chartered Executes Share Buy-back, Cancelling 776,000 Shares

Story Highlights
  • Standard Chartered has bought back 776,000 shares as part of its buy-back program.
  • The share buy-back will reduce the total shares in issue, potentially enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Standard Chartered Executes Share Buy-back, Cancelling 776,000 Shares

Confident Investing Starts Here:

An update from Standard Chartered ( (GB:STAN) ) is now available.

Standard Chartered PLC has executed a share buy-back program, purchasing 776,000 of its ordinary shares at a volume-weighted average price of 1,185.5059 GB pence per share. This move, part of a broader strategy announced in February 2025, will see the purchased shares canceled, reducing the total number of shares in issue to 2,336,429,650, which could potentially enhance shareholder value by increasing earnings per share.

The most recent analyst rating on (GB:STAN) stock is a Hold with a £8.15 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 solid financial performance, attractive valuation, and proactive capital management via buybacks are significant strengths. However, operational efficiency issues and cash flow declines pose risks.

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

More about Standard Chartered

Standard Chartered PLC is a leading international banking group, primarily operating in Asia, Africa, and the Middle East. The company offers a range of financial services including personal banking, corporate banking, wealth management, and investment services, focusing on emerging markets.

YTD Price Performance: 21.42%

Average Trading Volume: 6,930,636

Technical Sentiment Signal: Buy

Current Market Cap: £27.34B

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

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