Standard Chartered (SC) Repurchases 0.59 Million Shares at £18.38 VWAP; Cumulative Buy-back Spend Reaches US$813.34 Million

Bulletin Express07:02

Standard Chartered PLC (SC) disclosed that on 30 April 2026 the bank repurchased 594,064 ordinary shares under the share buy-back programme launched on 24 February 2026.

• Pricing metrics: shares were acquired between 1,797.60 pence and 1,855.00 pence, with a volume-weighted average price (VWAP) of 1,837.59 pence.

• Venue breakdown: – London Stock Exchange: 358,925 shares at a 1,837.49 pence VWAP – CBOE BXE: 116,796 shares at a 1,837.22 pence VWAP – CBOE CXE: 118,343 shares at a 1,838.24 pence VWAP

As of market close on 29 April 2026, SC had deployed US$813.34 million on the programme. All repurchased shares will be cancelled, reducing the total shares in issue to 2.22 billion, which will also represent the new total of voting rights.

The buy-back is being executed through J.P. Morgan Securities plc within pre-set parameters and in line with applicable regulations. A detailed record of individual trades is available via the London Stock Exchange’s disclosures and SC’s investor relations website.

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