Standard Chartered (GB:STAN) has released an update.
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Standard Chartered PLC has repurchased over 559,000 of its ordinary shares as part of its ongoing share buy-back program. The shares were acquired at prices ranging from 970.40 to 990.00 pence, with a volume-weighted average price of 982.08 pence. This strategic buy-back will result in the cancellation of the purchased shares, reducing the total number of shares in circulation and potentially enhancing shareholder value.
For further insights into GB:STAN stock, check out TipRanks’ Stock Analysis page.
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