Standard Chartered Buys Back 759,388 Shares for GBP15M
Standard Chartered Buys Back 759,388 Shares on May 26
According to a Hong Kong Stock Exchange (HKEX) filing, Standard Chartered bought back a total of 759,388 shares on other exchanges for GBP15 million on May 26. The buyback is part of the company's ongoing share repurchase program.
Buyback Details
The repurchased shares consist of ordinary shares traded on other exchanges. The company aims to enhance shareholder value and optimize its capital structure through this buyback.
Standard Chartered's share buyback program will continue depending on market conditions. Investors can expect regular buybacks under the company's capital distribution policy.
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