Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Standard Chartered ( (GB:STAN) ) is now available.
Standard Chartered PLC announced the purchase of 586,194 of its ordinary shares as part of a share buy-back program. The shares were acquired at prices ranging from 1,239 to 1,250 GB pence, with the intention to cancel them, thereby reducing the total number of shares in issue to 2,411,948,354. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Standard Chartered
Standard Chartered PLC is a multinational banking and financial services company. It offers a range of services including personal banking, corporate banking, wealth management, and investment services, primarily focusing on emerging markets across Asia, Africa, and the Middle East.
YTD Price Performance: 30.07%
Average Trading Volume: 5,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $38.12B
For detailed information about STAN stock, go to TipRanks’ Stock Analysis page.