Standard Chartered buys back 552,054 shares for £7.4m

Standard Chartered purchased 552,054 ordinary shares on August 19 through Goldman Sachs International at prices ranging from £13.39 to £13.51, with an average price of £13.46.

The bank has now spent $120.2m on share purchases under the program. The acquired shares will be cancelled, leaving 2.31bn ordinary shares in issue.