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Standard Chartered Executes Share Buy-Back to Enhance Shareholder Value

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Standard Chartered Executes Share Buy-Back to Enhance Shareholder Value

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Standard Chartered ( (GB:STAN) ) has shared an announcement.

Standard Chartered PLC announced the purchase of 516,667 of its ordinary shares as part of a share buy-back program. The shares were acquired at a volume-weighted average price of 1,468.44 pence per share, and the company plans to cancel these shares, reducing the total number of shares in issue to 2,292,581,429, thereby impacting the voting rights and potentially enhancing shareholder value.

More about Standard Chartered

Standard Chartered PLC is a leading international banking group, incorporated in England and Wales, with a focus on providing financial services and products across various markets globally.

See more data about STAN stock on TipRanks’ Stock Analysis page.

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