Standard Chartered repurchases shares, nears cancellation target
Standard Chartered PLC repurchased 418,833 ordinary shares on 27 October 2025 across the London Stock Exchange, CBOE BXE, and CBOE CXE. The aggregate price paid for these repurchases totaled £6,072,943.65. The highest repurchase price per share was £14.7, while the lowest was £14.31. These shares are intended for cancellation, reflecting the company's ongoing capital management strategy.
Including these recent transactions, the total number of securities purchased since the special resolution on the London Stock Exchange, CBOE BXE, and CBOE CXE now stands at 75,644,109. This represents 3.2001% of the shares in issue at the time the special resolution was passed. The directors plan to cancel these purchased shares in accordance with the authority granted by shareholders on 8 May 2025, which remains valid until the 2026 annual general meeting or 7 August 2026, whichever is earlier.
Furthermore, Standard Chartered disclosed shares repurchased but not yet cancelled from previous dates, including 535,212 shares on 23 October 2025 at £13.993 per share, and 534,109 shares on 24 October 2025 at £14.1274 per share. As of 27 October 2025, the total number of issued shares remains at 2,285,826,411.
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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