Standard Chartered buys back £7.5m of shares

Standard Chartered repurchased and cancelled 556,355 ordinary shares on August 6 at a weighted average price of £13.61 per share, reducing its issued shares from 2.32 billion to 2.31 billion.

The bank also repurchased additional shares worth £7.5 million across London Stock Exchange and CBOE exchanges. Total authorized repurchases under the May resolution amount to 236 million shares.