Standard Chartered buys back £97m of shares

Standard Chartered purchased 726,206 ordinary shares from J.P. Morgan Securities on July 18 at a volume weighted average price of 1,340.1369 pence per share.

The bank has now spent $1.39bn on share purchases since launching its buyback programme in February. Following cancellation of the purchased shares, Standard Chartered will have 2.32bn ordinary shares in issue.