Standard Chartered launches fresh £750m share buyback after record profits

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โดย Yahoo Finance UK·Read original
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Standard Chartered is launching a fresh one billion US dollar share buyback after posting record pre-tax profits of 4.8 billion US dollars for the first half of 2026, up 9% year-on-year. The buyback, worth £750 million, starts imminently and follows a 1.5 billion dollar buyback completed in the first half. Chief executive Bill Winters said the returns reflect confidence in the business, with wealth arm income up 38% and global banking income up 19%. The bank had previously announced plans to cut about 7,800 back-office roles over four years while increasing use of artificial intelligence.

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