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The latest announcement is out from Standard Chartered ( (GB:STAN) ).
Standard Chartered PLC announced the purchase of 766,000 of its own ordinary shares as part of its ongoing share buy-back program. This transaction, executed on June 24, 2025, involved shares purchased at prices ranging from 1,182.5 to 1,202.0 GB pence, with a volume-weighted average price of 1,190.6772 GB pence. The company plans to cancel these shares, reducing the total number of shares in issue and voting rights to 2,334,908,783. This move is part of Standard Chartered’s strategy to optimize its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:STAN) stock is a Buy with a £10.20 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.
The overall stock score is driven by solid financial performance and attractive valuation, supported by strategic share buy-backs. However, caution is warranted due to operational challenges and external uncertainties.
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 focused on providing financial services and products across Asia, Africa, and the Middle East. The company offers a wide range of services including personal banking, corporate banking, and wealth management, with a strong emphasis on emerging markets.
Average Trading Volume: 6,895,820
Technical Sentiment Signal: Buy
Current Market Cap: £26.96B
See more insights into STAN stock on TipRanks’ Stock Analysis page.