tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Standard Chartered Executes Share Buy-back to Enhance Shareholder Value

Story Highlights
Standard Chartered Executes Share Buy-back to Enhance Shareholder Value

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 issued an announcement.

Standard Chartered PLC has executed a share buy-back program, purchasing 525,300 of its ordinary shares from Goldman Sachs International on 15 August 2025. The buy-back is part of a previously announced program and aims to cancel the purchased shares, reducing the total number of shares in issue to 2,310,136,204, which will also be the total number of voting rights. This move is expected to enhance shareholder value and reflects the company’s commitment to managing its capital efficiently.

The most recent analyst rating on (GB:STAN) stock is a Hold with a £82.80 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 valuation and technical indicators are the most significant strengths, supported by positive corporate events and a solid earnings call. However, challenges in cash flow and operational efficiency slightly temper the overall outlook.

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. The company operates in various markets worldwide, offering services such as personal banking, corporate banking, and wealth management.

YTD Price Performance: 35.41%

Average Trading Volume: 5,636,566

Technical Sentiment Signal: Buy

Current Market Cap: £30.14B

For a thorough assessment of STAN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1