Standard Chartered continues share buybacks, reducing capital

Standard Chartered PLC reported a reduction in its issued ordinary shares due to ongoing repurchase and cancellation programs. As of August 29, 2025, the company's total issued shares stood at 2,306,715,565, down from an opening balance of 2,307,769,663 on August 28, 2025. This change reflects the cancellation of 521,631 shares repurchased on August 26, 2025, at an average price of £13.8968, and another 532,467 shares repurchased on August 27, 2025, at £13.8088.

The repurchases were executed on the London Stock Exchange, CBOE BXE, and CBOE CXE. On August 29, 2025, a total of 538,161 shares were repurchased across these exchanges, with an aggregate price paid of £7,391,060.12. The highest repurchase price per share was £13.88, and the lowest was £13.54. These shares are intended for cancellation.

Additionally, as of the closing balance date, 537,395 shares repurchased on August 28, 2025, and 538,161 shares repurchased on August 29, 2025, are pending cancellation. The repurchase mandate, approved on May 8, 2025, authorizes the company to repurchase up to 236,377,715 shares. Since the special resolution date, 54,342,357 securities, representing 2.2990% of the shares in issue at that time, have been acquired on the London Stock Exchange, CBOE BXE, and CBOE CXE.