Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Standard Chartered ( (GB:STAN) ) has provided an update.
Standard Chartered PLC announced the repurchase of 724,000 of its ordinary shares as part of its ongoing share buy-back program. The shares were purchased on 23 July 2025 at prices ranging from 1,317.5000 to 1,333.0000 GB pence, with a volume-weighted average price of 1,326.6005 GB pence. The company intends to cancel these shares, reducing the total number of shares in issue to 2,319,543,909, which will also be the total number of voting rights. This buy-back is part of a strategic move to enhance shareholder value and optimize the capital structure.
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 strong financial growth, attractive valuation, and strategic share buy-backs support a positive outlook. However, challenges with cash flow, operational efficiency, and geopolitical risks should be monitored.
To see Spark’s full report on GB:STAN stock, click here.
More about Standard Chartered
Standard Chartered PLC is a multinational banking and financial services company. It offers a wide range of services including personal banking, corporate banking, wealth management, and investment services. The company primarily operates in Asia, Africa, and the Middle East, focusing on emerging markets.
Average Trading Volume: 5,857,358
Technical Sentiment Signal: Buy
Current Market Cap: £30.65B
For a thorough assessment of STAN stock, go to TipRanks’ Stock Analysis page.