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Standard Chartered to Redeem $1 Billion Securities

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Standard Chartered to Redeem $1 Billion Securities

Confident Investing Starts Here:

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

Standard Chartered PLC has announced the full redemption of its $1 billion Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities, effective 26 July 2025. This move will result in the cancellation of these securities and the withdrawal of their listing from the Hong Kong Stock Exchange, potentially impacting the company’s financial structure and market positioning.

The most recent analyst rating on (GB:STAN) stock is a Hold with a £8.15 price target. To see the full list of analyst forecasts on Standard Chartered stock, see the GB:STAN Stock Forecast page.

Spark’s Take on GB:STAN Stock

According to Spark, TipRanks’ AI Analyst, GB:STAN is a Outperform.

Standard Chartered’s strong financial performance and positive earnings call highlights are offset by challenges in cash flow generation and geopolitical uncertainties. The stock’s valuation is attractive, and recent technical indicators show positive momentum.

To see Spark’s full report on GB:STAN stock, click here.

More about Standard Chartered

Standard Chartered PLC is a multinational banking and financial services company incorporated in England and Wales. It primarily focuses on providing a range of financial products and services, including retail and corporate banking, treasury services, and wealth management, with a significant presence in Asia, Africa, and the Middle East.

Average Trading Volume: 6,955,027

Technical Sentiment Signal: Buy

Current Market Cap: £27B

For a thorough assessment of STAN stock, go to TipRanks’ Stock Analysis page.

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