STANCHART (02888) spends GBP 14.73 million on latest share buyback; 4.55 million shares pending cancellation

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Standard Chartered PLC disclosed in its Next Day Disclosure Return that it repurchased 938,200 ordinary shares on 13 March 2026 across the London Stock Exchange and CBOE BXE/CXE. Transaction prices ranged from GBP 15.495 to GBP 15.86 per share, for a total cash outlay of GBP 14.73 million. All shares are earmarked for cancellation, with none retained as treasury stock.

The buyback leaves the issued share capital unchanged at 2,248.26 million shares as of 13 March 2026 because the purchased shares have not yet been cancelled. Treasury share holdings remain at zero.

Adding the 9–12 March purchases, 4.55 million shares—representing approximately 0.20 % of the company’s issued share capital—are awaiting cancellation.

Under the authority granted by shareholders on 8 May 2025, Standard Chartered is permitted to repurchase up to 236.38 million shares before its 2026 AGM or 7 August 2026, whichever is earlier. Since the mandate’s inception, the bank has bought back 116.27 million shares, equating to 4.92 % of the share base in place when the resolution was passed.

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