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Standard Chartered unveils $1.5bn share buyback as profits beat estimates

By Frank Prenesti

Date: Tuesday 30 Jul 2024

(Sharecast News) - Asia-focused bank Standard Chartered on Tuesday unveiled its biggest-ever share buyback and lifted guidance as interim earnings beat estimates.
The company said it would buy back $1.5bn in shares starting immediately. Pre-tax profit for the first six months of the year rose 5% to $3.5bn, compared with average...

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