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Standard Chartered director sells shares amid buy-back program

May 7, 2025 at 05:03 PM UTCBy FilingReader AI

Standard Chartered PLC (HKEX:2888) announced that Darrell Ryman, Interim Group Chief Operating Officer, sold 13,624 shares at a price of £10.653 per share on May 6, 2025. The transaction took place on the London Stock Exchange. This sale occurred on the same day the bank executed a buy-back of 1,233,000 of its own ordinary shares at volume weighted average price of GB 1,067.9286 pence. The buy-back was part of the program announced on February 24, 2025. The bank intends to cancel the purchased shares which will result in a total of 2,362,544,157 ordinary shares in issue, bringing the total to be spent to US$730,678,268.47 for the buyback program. The company split the buy back between the London Stock Exchange where 739,800 shares were repurchased at 1,067.9567 GB pence, and СВОЕ BXE and СВОЕ СХЕ where 246,600 shares were repurchased at 1,067.8413 and 1,067.9317 GB pence, respectively.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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