Standard Chartered continues share buyback program

Standard Chartered PLC repurchased 526,570 of its ordinary shares of US$0.50 each on December 23, 2025, from Goldman Sachs International, as part of its ongoing buyback program initiated on July 31, 2025. The shares were acquired across various venues, with a volume-weighted average price of £1,800.73. Individual prices ranged from £1,790.00 to £1,811.50. The total expenditure for these purchases amounted to £9,482,519.75.

This recent buyback contributes to an aggregate of $1,020,190,602.33 applied to share purchases since the program's inception. SC intends to cancel all purchased shares. Following the cancellation of the 526,570 shares, the total number of ordinary shares in issue will be 2,264,653,373, which also represents the total voting rights. This follows previous cancellations, including 535,961 shares repurchased on December 18, 2025, and 458,902 shares repurchased on December 19, 2025.

The share repurchases were authorized by a special resolution approved by shareholders on May 8, 2025, permitting buybacks until the end of the 2026 annual general meeting. As of the resolution date, SC has acquired 4.0329% of its shares in issue on the London Stock Exchange, CBOE BXE, and CBOE CXE. The total number of shares authorized for repurchase under the mandate is 236,377,715.