Standard Chartered buys back shares worth $269.9m

Standard Chartered (HKEX:2888) announced today that it executed a share buy-back on March 19, 2025, acquiring 1,150,000 ordinary shares at an aggregate cost of US$269.9 million. The shares, priced between GB£1,183.5000 and GB£1,199.0000, were purchased from J.P. Morgan Securities plc. The volume-weighted average price paid was GB£1,190.1670 per share. The purchases were conducted across multiple venues, including the London Stock Exchange (690,000 shares), CBOE BXE (230,000 shares), and CBOE CXE (230,000 shares). Standard Chartered intends to cancel the repurchased shares, reducing its total outstanding shares to 2,395,673,854, which will also represent the total number of voting rights. The buy-back program adheres to pre-set parameters and regulatory compliance, as detailed in the company's earlier announcement on February 24, 2025.