Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Standard Chartered ( (GB:STAN) ) has provided an announcement.
Standard Chartered has executed a share buy-back transaction by purchasing 480,543 of its ordinary shares from Goldman Sachs International. The shares were acquired at a volume-weighted average price of 992.55 pence per share. This move is part of their previously announced buy-back program, and the company intends to cancel the purchased shares, reducing the total number of shares in issue to 2,426,912,593. This decision reflects Standard Chartered’s commitment to efficiently manage its capital and enhance shareholder value.
More about Standard Chartered
Standard Chartered PLC is a multinational banking and financial services company. It provides a range of services including personal and corporate banking, as well as investment and wealth management services. The company is focused on Asia, Africa, and the Middle East, and it operates in countries with emerging markets, which are central to its growth strategy.
YTD Price Performance: 43.75%
Average Trading Volume: 5,623
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $30.1B
Learn more about STAN stock on TipRanks’ Stock Analysis page.
