Standard Chartered (GB:STAN) has released an update.
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Standard Chartered PLC has repurchased 335,325 of its ordinary shares as part of its ongoing buy-back program, with prices ranging from 978.20 to 994.60 pence per share. The company plans to cancel these shares, adjusting its total number of issued shares to 2.43 billion. This move is part of a strategic effort to optimize its capital structure.
For further insights into GB:STAN stock, check out TipRanks’ Stock Analysis page.
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