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Standard Chartered PLC released update regarding Covid-19

1 min read | April 01, 2020 10:42 PM BST | By Team Kalkine Media
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Standard Chartered PLC (LON:STAN) has updated on coronavirus pandemic and its implication on dividend, buy-back and new commitments.

  • Withdrawn recommendation to pay 20 cents per ordinary share as final dividend for 2020.
  • Further, they will not undertake any dividend throughout 2020.
  • Launch of $50 million global fund to aid for those affected by Coronavirus.
  • On 1st April 2020, at the time of writing, GMT 10:33 AM, STAN shares were trading at GBX 414.95, down by 30.85 points or 6.92% against the previous day closing price.

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