Standard Chartered Buys Back 975,000 Shares in Latest Tranche of Capital Return
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Standard Chartered has repurchased 975,000 shares under its buy-back program at an average price of 1,613.2448 pence, totaling approximately US$470.7 million. The bank plans to cancel these shares, reducing the total share count to 2,231,203,178, which will enhance earnings per share and voting power for remaining shareholders. Standard Chartered is an international banking group based in London, focusing on retail and commercial banking, wealth management, and financial markets services across Asia, Africa, and the Middle East.
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