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The latest announcement is out from Standard Chartered ( (GB:STAN) ).
Standard Chartered PLC has completed the redemption of its $1 billion Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities, originally issued in June 2020. The redemption was executed at full principal value plus accrued interest, and the securities have been cancelled, leading to an application for withdrawal from the Hong Kong Stock Exchange, effective 5 August 2025. This move reflects the company’s strategic financial management and may impact its capital 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 technical indicators are significant strengths. The strategic share buy-back enhances shareholder value. However, the high dividend yield and challenges in cash flow and net interest income warrant caution.
To see Spark’s full report on GB:STAN stock, click here.
More about Standard Chartered
Standard Chartered PLC is a public limited company incorporated in England and Wales, primarily operating in the banking and financial services industry. The company focuses on providing a range of financial products and services, including retail and corporate banking, wealth management, and investment services, with a significant market presence in Asia, Africa, and the Middle East.
YTD Price Performance: 38.68%
Average Trading Volume: 5,993,179
Technical Sentiment Signal: Buy
Current Market Cap: £30.97B
See more insights into STAN stock on TipRanks’ Stock Analysis page.