Standard Chartered (GB:STAN) has released an update.
Standard Chartered PLC (SC) has successfully executed a share buy-back, purchasing 1,002,720 of its own shares on May 29, 2024, with the intention to cancel them, thereby reducing the total number of shares in issue and voting rights to 2,571,324,861. The buy-back, part of a previously announced program from February 2024, involved transactions on the London Stock Exchange with prices ranging from 769.8000 to 774.4000 pence per share. This move follows a recent change in SC’s share voting structure, granting ordinary shareholders one vote per share held.
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