Standard Chartered buys back £7.5m shares

Standard Chartered repurchased and cancelled 542,857 ordinary shares on August 11, reducing its total issued shares from 2.31 billion to 2.31 billion shares.

The shares were bought at prices ranging from £13.85 to £13.95, with total repurchases on August 11 costing £7.45 million.

Since the May 8 resolution, Standard Chartered has purchased 47.7 million shares, representing 2.02% of shares in issue at that time.