Standard Chartered ( (GB:STAN) ) just unveiled an announcement.
Standard Chartered PLC announced a share buy-back transaction, purchasing 1,130,000 ordinary shares at a volume-weighted average price of 1,272.1800 GB pence per share. This move is part of a previously detailed buy-back program, with the company intending to cancel the purchased shares, resulting in a total of 2,409,701,613 ordinary shares in issue. The transaction reflects Standard Chartered’s strategic financial management and could impact its market positioning by potentially increasing 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 across various markets. The company offers a range of products and services, including personal banking, corporate banking, and wealth management, with a significant presence in Asia, Africa, and the Middle East.
YTD Price Performance: 31.73%
Average Trading Volume: 6,852
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $38.55B
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