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The latest announcement is out from Standard Chartered ( (GB:STAN) ).
Standard Chartered PLC has executed a share buy-back program, purchasing over 1.28 million of its ordinary shares on 8 May 2025, with plans to cancel these shares. This move, part of a broader strategy announced earlier in February, aims to optimize the company’s capital structure and enhance shareholder value, potentially impacting its market positioning by reducing the total number of shares in circulation.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, incorporated in England and Wales. It provides a wide range of financial services and products, focusing primarily on emerging markets across Asia, Africa, and the Middle East.
Average Trading Volume: 936,113
Technical Sentiment Signal: Buy
Current Market Cap: HK$252.1B
For detailed information about STAN stock, go to TipRanks’ Stock Analysis page.