Standard Chartered advances buy-back, to cancel nearly 1m shares

Standard Chartered ( (GB:STAN) ) has provided an update.

Standard Chartered PLC has continued executing its previously announced share buy-back programme, repurchasing 985,628 ordinary shares on 20 March 2026 through J.P. Morgan Securities at a volume-weighted average price of 1,531.2889 pence. The purchases were executed across the London Stock Exchange and CBOE venues within preset parameters and in accordance with applicable regulations.

The bank has so far deployed about US$310.2 million on buy-backs and plans to cancel the newly acquired shares, reducing its share count to 2,238,928,128 and setting the same figure as its total voting rights. The cancellation will marginally enhance earnings per share and consolidate existing shareholders’ stakes, underlining management’s ongoing use of capital-return measures to support investor value.

More about Standard Chartered

Standard Chartered PLC is a London-headquartered international banking group incorporated in England and Wales. It provides retail, commercial and corporate banking services, with a strong presence in Asia, Africa and the Middle East. The bank is listed in Hong Kong, where its shares trade under stock code 02888, and targets both institutional and individual clients across its global footprint.

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