News: 2024.03.18
Huigang News> Standard Chartered Group (02888) reported that on March 15, it repurchased a total of 3.954639 shares on the London Stock Exchange, CBOE BXE and CBOE CXE. The average price per share was 6.546278 pounds, involving an investment of approximately 25.8882 million pounds.
Standard Chartered Group (02888) conducted a large-scale stock repurchase operation on the London Stock Exchange and CBOE BXE and CBOE CXE on March 15, repurchasing a total of 3.954639 shares. The average price per share was 6.546278 pounds, and the total investment involved was approximately 25.8882 million pounds.
This repurchase operation is an important measure taken by Standard Chartered Group to increase shareholder value. By repurchasing shares, the company can increase earnings per share, increase net worth per share, and thereby increase shareholder returns.
Buying back shares has a positive impact on a company's financial health and shareholder value. First of all, repurchasing shares can reduce the company's equity, increase earnings per share, and increase shareholder returns. Secondly, repurchasing shares can also improve the company's stock price performance, increase market value, and improve the company's market position.
Standard Chartered Group's share repurchase action will undoubtedly lay a good foundation for the company's future development. The company will continue to strive to increase shareholder value, achieve long-term steady growth, and create more value for investors.