Standard Chartered PLC Announces $1 Billion Share Buyback Program

Deep News

07/29

STANCHART (HKEx: 02888) has announced a new $1 billion share buyback program, according to a filing with the Hong Kong Stock Exchange.

The company stated that the upcoming buyback is expected to reduce its Common Equity Tier 1 (CET1) ratio by approximately 38 basis points.

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