Standard Chartered (GB:STAN) has released an update.
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Standard Chartered PLC has recently executed a share buy-back, acquiring 547,369 of its own shares with the intention to cancel them, thereby reducing the total number of shares in circulation to 2,431,067,279. The purchase was made at an average price of 990.62 pence per share, demonstrating the company’s continued commitment to enhancing shareholder value. This strategic move reflects the firm’s proactive approach to managing its equity structure while adhering to established regulations.
For further insights into GB:STAN stock, check out TipRanks’ Stock Analysis page.
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