Standard Chartered PLC (LSE:STAN) reported record H1 2026 with rising operating income, profit before tax and EPS, plus Q2 net profit, while unveiling a $1bn buyback and interim dividend, targeting >15% staff cuts by 2030 and >15% RoTE by 2028 under new CFO Manus Costello.
Previous Week Recap
- Standard Chartered PLC H1 2026 Record Earnings: Standard Chartered (STAN) posted record H1 2026: higher operating income, rising profit before tax and EPS, Q2 net profit, mixed division performance, announced $1bn buyback and interim dividend
- Standard Chartered Buyback Up To $1bn: Standard Chartered (STAN) launched a buyback up to $1bn (max 201,451,712 shares) from 30 Jul 2026–29 Jan 2027 via Goldman Sachs Intl on LSE/Cboe UK; repurchased shares to be cancelled.
- Standard Chartered Targets And Appoints CFO: Standard Chartered (STAN) set targets: cut staff >15% by 2030, reach >15% return on tangible equity by 2028, and appointed Manus Costello as group CFO.
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