Standard Chartered (GB:STAN) has released an update.
Standard Chartered PLC announced a significant buy-back of 1,394,167 of its own shares, at prices ranging from 787.60 to 803.20 GB pence per share, with a volume weighted average price of 796.28 pence. The buy-back, part of a previously detailed programme, will lead to the cancellation of the purchased shares, thereby reducing the total number of voting rights in the company to 2,485,989,560. The company confirms the move aligns with regulatory requirements and pre-set parameters outlined in their July announcement.
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