Standard Chartered (GB:STAN) has released an update.
Standard Chartered PLC has conducted a share buy-back as part of its previously announced programme, purchasing over 1.2 million shares at prices ranging from 654.4 to 664.2 pence each. The bank plans to cancel the acquired shares, which will result in a reduction of the total number of voting rights. This move is part of the company’s effort to optimize its capital structure and deliver value to its shareholders.
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