Standard Chartered continues share buyback, cancels repurchased shares

Standard Chartered PLC (SC) repurchased 508,047 of its ordinary shares on September 16, 2025, as part of its share buyback programme. The total aggregate price paid for these shares was £7,252,183.79, with a volume-weighted average price of 1,427.42 pence. Purchases were executed across the London Stock Exchange, CBOE BXE, and CBOE CXE.

The company also confirmed the cancellation of 519,780 shares repurchased on September 11, 2025, and 517,832 shares repurchased on September 12, 2025, both cancelled on September 16, 2025. This reduced the number of issued shares (excluding treasury shares) to 2,300,304,133 as of September 16, 2025. An additional 514,621 shares repurchased on September 15, 2025, and 508,047 shares repurchased on September 16, 2025, are awaiting cancellation.

SC intends to cancel all purchased shares. Following the cancellation of the 508,047 shares from September 16, 2025, the total number of ordinary shares in issue will be 2,299,281,465, which will also represent the total voting rights. The buyback is authorized by a special resolution passed on May 8, 2025, allowing purchases until the end of its 2026 annual general meeting. Since the resolution date, SC has acquired 60,700,901 securities, representing 2.5680% of its shares in issue at that time.