Standard Chartered Advances Buy-back With Further Share Repurchases and Cancellations

An announcement from Standard Chartered ( (GB:STAN) ) is now available.

Standard Chartered PLC has continued its previously announced share buy-back programme, repurchasing 987,062 ordinary shares on 23 March 2026 through J.P. Morgan Securities at a volume-weighted average price of about 1,544.79 pence. The purchases were executed across the London Stock Exchange and Cboe venues, as the bank moves ahead with capital management plans approved in February.

The group has now applied over US$330 million to the buy-back and intends to cancel the repurchased shares, reducing its ordinary shares in issue to 2,237,941,066 and aligning voting rights accordingly. The cancellation will marginally enhance earnings per share and underscores management’s continued focus on returning excess capital to shareholders while operating within regulatory parameters.

More about Standard Chartered

Standard Chartered PLC is a UK-based international banking group offering retail, corporate and institutional financial services, with a strong focus on emerging markets across Asia, Africa and the Middle East. The bank provides lending, transaction banking, wealth management and capital markets services, and its London-listed shares form a key component of global financial sector indices.

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