FilingReader Intelligence

Standard Chartered completes share buyback, reducing outstanding shares

December 10, 2025 at 05:00 PM UTCBy FilingReader AI

Standard Chartered PLC (SC) announced on December 10, 2025, that it purchased 575,340 of its ordinary shares of US$0.50 each from Goldman Sachs International on December 9, 2025, as part of its ongoing share buyback program. The purchases were executed at prices ranging from GB Pence 1,643.00 to GB Pence 1,668.50, with a volume-weighted average price of GB Pence 1,659.11.

The buyback included transactions across multiple trading venues. On the London Stock Exchange, 402,738 shares were bought at a volume-weighted average price of GB Pence 1,659.27. Additional purchases occurred on CBOE BXE (57,534 shares at GB Pence 1,658.43) and CBOE CXE (115,068 shares at GB Pence 1,658.91). As of the close of business on the preceding trading day, SC had allocated an aggregate of US$893,944,451.29 to share purchases under the program.

SC intends to cancel all purchased shares. Following the cancellation, the total number of ordinary shares in issue will be reduced to 2,270,011,123, which will also represent the total number of voting rights in SC. This move reflects the company's strategy to return capital to shareholders and manage its share capital effectively.

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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