Standard Chartered discloses share repurchases and cancellation plans
Standard Chartered PLC submitted its Next Day Disclosure Return on October 3, 2025, reporting an opening and closing balance of 2,295,151,269 ordinary shares. The report indicated no changes in issued shares or treasury shares for the disclosure period.
The company engaged in multiple share repurchases between September 29, 2025, and October 2, 2025, totaling 2,053,123 ordinary shares that are yet to be cancelled. On October 2, 2025, Standard Chartered repurchased 505,871 shares across various stock exchanges, with a total aggregate price paid of £7,368,532.16. These repurchases were made on the London Stock Exchange, CBOE BXE, and CBOE CXE. The highest repurchase price per share was £14.79 and the lowest was £14.4.
Standard Chartered PLC confirmed that 66,884,270 securities have been purchased on the London Stock Exchange, CBOE BXE, and CBOE CXE since a special resolution passed on May 8, 2025. This represents 2.8296% of the number of shares in issue at the time the resolution was passed. The company's directors intend to cancel these repurchased shares under the authority granted by the special resolution, which permits purchases until the end of its 2026 annual general meeting, or by August 7, 2026, if earlier. The total number of shares authorized for repurchase under the mandate is 236,377,715.
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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