FilingReader Intelligence

Standard Chartered completes share buyback, plans cancellation of over 500,000 shares

September 25, 2025 at 06:49 AM UTCBy FilingReader AI

Standard Chartered PLC repurchased 508,745 of its ordinary shares on September 24, 2025, as detailed in its Next Day Disclosure Return and a separate transaction announcement. The total aggregate price paid for these shares was £7,393,667.4. These purchases were executed across multiple venues, including the London Stock Exchange (356,122 shares), CBOE BXE (50,874 shares), and CBOE CXE (101,749 shares), with a volume-weighted average price of GBp 1,453.35.

The shares were bought back at prices ranging from a lowest of GBp 1,426.50 to a highest of GBp 1,465.00. Standard Chartered intends to cancel these repurchased shares, which will result in 2,296,188,746 ordinary shares remaining in issue, representing the total number of voting rights. The company confirms that all purchases were made in accordance with domestic rules of the respective stock exchanges.

The buyback forms part of an authority granted by shareholders at the annual general meeting on May 8, 2025, which permits purchases until the end of the 2026 annual general meeting or August 7, 2026, if earlier. The total number of shares authorized for repurchase under this mandate is 236,377,715, and the company has acquired 63,793,620 shares since the special resolution, amounting to 2.6988% of the shares in issue at that time.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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