Standard Chartered (HKG:2888) bought back 459,972 shares in London on Nov. 14 at an average price of around 16.06 pounds sterling apiece, a Monday Hong Kong bourse filing said.
The British lender plans to cancel the shares, following which it will have nearly 2.28 billion shares in issue.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.