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Standard Chartered Plc - SCBFY STOCK NEWS

Welcome to our dedicated page for Standard Chartered Plc news (Ticker: SCBFY), a resource for investors and traders seeking the latest updates and insights on Standard Chartered Plc stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Standard Chartered Plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Standard Chartered Plc's position in the market.

Rhea-AI Summary

Standard Chartered has initiated a cash tender offer to repurchase up to US$1,250,000,000 of its US$2,000,000,000 perpetual subordinated contingent convertible securities. The purpose of the offer is to provide liquidity to securityholders and optimize its capital structure. The repurchase is contingent upon successfully issuing new securities. Securityholders who tender by the early deadline will receive a premium of US$41.00 per US$1,000 of securities, in addition to the repurchase price. Interested securityholders can find more details in the tender offer memorandum.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
buyback

FAQ

What is the current stock price of Standard Chartered Plc (SCBFY)?

The current stock price of Standard Chartered Plc (SCBFY) is $31.92 as of February 28, 2025.

What is the market cap of Standard Chartered Plc (SCBFY)?

The market cap of Standard Chartered Plc (SCBFY) is approximately 21.7B.
Standard Chartered Plc

OTC:SCBFY

SCBFY Rankings

SCBFY Stock Data

21.74B
1.21B
0.03%
Banks - Diversified
Financial Services
Link
United Kingdom
London