Standard Chartered buys back 543,000 shares for $7.5m

Standard Chartered purchased 542,857 ordinary shares from Goldman Sachs International at a volume weighted average price of 1,377.55 pence, with prices ranging from 1,368.50 to 1,392.50 pence.

The bank has now spent $40.1 million on share purchases under its buyback programme announced on July 31. The purchased shares will be cancelled, leaving 2.31 billion ordinary shares in issue.