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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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An announcement from Standard Chartered ( (GB:STAN) ) is now available.

Standard Chartered PLC has announced the repurchase of 556,441 of its ordinary shares as part of its ongoing share buy-back program. This program is expected to impact the company’s capital structure by reducing the number of shares in circulation, potentially increasing the value of remaining shares and enhancing shareholder value.

More about Standard Chartered

Standard Chartered PLC is a leading banking and financial services organization incorporated in England and Wales. It operates internationally, providing a wide range of banking services and financial products, primarily focusing on emerging markets.

YTD Price Performance: 10.27%

Average Trading Volume: 4,360

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $32.65B

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

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