Standard Chartered announces share buy-back and Q1 2025 results

Standard Chartered PLC (HKEX:2888) has announced a share buy-back transaction and released its Q1 2025 interim management statement, showcasing a period of robust financial performance. On May 1, 2025, the company purchased 1,248,920 of its ordinary shares at prices ranging from GB pence 1,084.5000 to GB pence 1,102.0000, averaging at GB pence 1,097.0002. This buy-back, executed through J.P. Morgan Securities plc, is part of a previously announced program detailed on February 24, 2025. As of the preceding trading day, Standard Chartered had allocated US$695,021,252.19 to share repurchases under this initiative. Following the cancellation of purchased shares, the total number of ordinary shares in issue will be 2,364,974,510, with an equivalent number of voting rights.