Standard Chartered completes share buyback, reducing outstanding shares

Standard Chartered PLC announced on September 2, 2025, the purchase of 534,047 of its ordinary shares on September 1, 2025, as part of a previously detailed buyback program. The shares, each with a nominal value of $0.50, were acquired from Goldman Sachs International. The volume-weighted average price paid across all transactions was GB pence 1,373.10.

The purchases were executed across multiple trading venues, including the London Stock Exchange (373,834 shares at an average of GB pence 1,373.12), CBOE BXE (53,404 shares at GB pence 1,373.10), and CBOE CXE (106,809 shares at GB pence 1,373.02). As of the close of business on the trading day prior to the announcement, Standard Chartered had applied an aggregate of $192,812,668.92 to share purchases under the buyback initiative.

The company intends to cancel all purchased shares. Following the cancellation, Standard Chartered will have 2,305,105,962 ordinary shares in issue, which will also represent the total number of voting rights. This transaction aligns with the company's commitment to managing its capital structure effectively.