Standard Chartered share price today: stock edges up on buyback filing, but ShoreCap turns bearish
Standard Chartered bought 813,595 shares on Feb. 26 at an average price of 1,834.17p as part of its $1.5 billion buyback. Shares rose 0.84% to 1,853.50p by 0944 GMT. Shore Capital downgraded the stock to “sell” and cut its target price to 1,490p. The bank said it plans to cancel the repurchased shares.