Standard Chartered reduces issued capital through share buybacks

Standard Chartered PLC reported a reduction in its total issued shares to 2,271,169,065 as of December 9, 2025. This change follows the cancellation of 1,144,686 ordinary shares, resulting from repurchases made on December 4 and December 5, 2025. The repurchased shares were cancelled on December 9, 2025, with an average price of £16.5626 and £16.535, respectively.

Additionally, the company disclosed repurchases of 1,157,942 shares between December 8 and December 9, 2025, which are yet to be cancelled. These shares were acquired at volume-weighted average prices of £16.4484 and £16.5911. The buybacks were executed across multiple exchanges, including the London Stock Exchange, CBOE BXE, and CBOE CXE. The total aggregate price paid for shares repurchased on December 9, 2025, alone amounted to £9,545,402.65 for 575,340 shares.

Since the special resolution passed on May 8, 2025, the company has purchased 89,971,243 ordinary shares, representing 3.8062% of the shares in issue at the time of the resolution. The directors intend to cancel these repurchased shares, aligning with the authority granted at the annual general meeting.