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Standard Chartered continues share buy-back programme

May 20, 2025 at 05:03 PM UTCBy FilingReader AI

Standard Chartered PLC (HKEX:2888) announced today that it purchased 982,400 of its own ordinary shares at US$0.50 each on 19 May 2025. The buy-back was executed through J.P. Morgan Securities plc, as detailed in the February 24, 2025, announcement. The shares were bought at a volume weighted average price of 1,152.0076 GB pence. The lowest price paid was 1,138.5000 GB pence, and the highest price paid was 1,163.0000 GB pence. Shares were purchased on the London Stock Exchange and CBOE BXE and CXE. As of the trading day before this announcement, Standard Chartered had allocated US$855,889,960.71 to share purchases under the buy-back programme. The company intends to cancel the purchased shares, resulting in 2,354,212,178 ordinary shares in issue, all carrying voting rights.

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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