Standard Chartered ( (GB:STAN) ) has shared an announcement.
Standard Chartered PLC has announced the purchase of 1,530,000 of its ordinary shares as part of a share buy-back programme. The shares were bought at a volume-weighted average price of 885.2286 GB pence, with plans to cancel them, reducing the total number of shares in issue to 2,378,098,501. This move is part of the company’s strategy to manage its capital structure and return value to shareholders, aligning with regulatory requirements.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, incorporated in England and Wales. The company operates in the financial services industry, offering a range of banking products and services, with a focus on emerging markets and a strong presence in Asia, Africa, and the Middle East.
YTD Price Performance: 2.01%
Average Trading Volume: 7,269
Technical Sentiment Signal: Strong Sell
Current Market Cap: $26.63B
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