Standard Chartered repurchases shares, plans future cancellations

Standard Chartered PLC executed substantial share repurchases on September 1, 2025, acquiring 534,047 ordinary shares across various stock exchanges. The repurchases included 373,834 shares on the London Stock Exchange at a volume-weighted average price of £13.73, 53,404 shares on CBOE BXE at £13.73, and 106,809 shares on CBOE CXE at £13.73. The total aggregate price paid for these repurchases amounted to £7,332,913.91.

These latest repurchases add to outstanding shares yet to be cancelled, with 537,395 shares repurchased on August 28, 2025, and 538,161 shares on August 29, 2025. Standard Chartered confirmed that these purchases were made on stock exchanges other than the Exchange and complied with the domestic rules of those exchanges. The directors intend to cancel the shares acquired under a special resolution approved by shareholders on May 8, 2025, which authorizes repurchases until the 2026 annual general meeting.

The total number of shares authorized for repurchase under the current mandate is 236,377,715. As of September 1, 2025, the number of securities purchased on the London Stock Exchange, CBOE BXE, and CBOE CXE since the special resolution totals 54,876,404, representing 2.3216% of the shares in issue at the time the resolution was passed. The company’s closing balance of issued shares remains at 2,306,715,565, with zero treasury shares.