Standard Chartered PLC (STANCHART) disclosed on 25 June 2026 that it repurchased 539,518 ordinary shares on 24 June 2026 via the London Stock Exchange. The shares were bought at prices ranging from GBP 20.41 to GBP 20.76, for a volume-weighted average cost of GBP 20.58 per share, bringing the cash outlay for the day to GBP 11.10 million.
As at 24 June, the bank’s issued share capital remains unchanged at 2.19 billion ordinary shares, with no treasury shares held. However, the latest purchase and two earlier trades—740,000 shares on 22 June and 727,000 shares on 23 June—are pending cancellation. Together, these three trades total 2.01 million shares, equivalent to approximately 0.09% of the current issued share base.
The repurchases form part of the authority granted by shareholders on 7 May 2026, which permits STANCHART to buy back up to 221.63 million shares before the 2027 annual general meeting or 6 August 2027, whichever comes first. Since that mandate, the bank has acquired 22.92 million shares across the London Stock Exchange and other European trading venues, representing 1.03% of the shares in issue at the date of the resolution. All repurchased shares are intended to be cancelled, thereby reducing the company’s outstanding share count once the cancellations are effected.
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