Standard Chartered buys back 525,300 shares for $100m

Standard Chartered repurchased 525,300 ordinary shares on 15 August at prices ranging from £12.86 to £14.00, with an average price of £13.72.

The bank has now allocated $100.3m to share purchases under the programme announced in July. The acquired shares will be cancelled, reducing ordinary shares in issue to 2.31 billion.