Standard Chartered PLC (02888) Announces 492,000 Share Repurchase

Bulletin Express02-26 18:02

Standard Chartered PLC (02888) disclosed that as of 25 February 2026, its total issued ordinary shares remained at 2,253,842,687. On the same date, the company repurchased 492,000 shares, representing approximately 0.02% of its share capital, at a volume-weighted average price of GBP 17.997741 per share. These shares have yet to be cancelled.

The repurchases took place on the London Stock Exchange, CBOE BXE, and CBOE CXE, totaling GBP 8.85 million. According to the information released, the repurchase was conducted under a mandate granted on 08 May 2025, authorizing the buyback of up to 236,377,715 shares. The company intends to cancel the repurchased shares pursuant to its most recent special resolution.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment