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An update from Standard Chartered ( (GB:STAN) ) is now available.
Standard Chartered PLC has continued its previously announced share buy-back programme, purchasing 773,000 ordinary shares on 21 May 2026 through J.P. Morgan Securities at a volume-weighted average price of 1,932.5930 pence. The transactions were executed across the London Stock Exchange and CBOE venues within preset regulatory parameters, reflecting ongoing efforts to return capital to shareholders.
Following cancellation of the repurchased shares, the bank will have 2,206,135,161 ordinary shares in issue, which will also represent the total number of voting rights in the company. The cumulative spend on the buy-back had reached just over US$1.08 billion by close of business on 20 May 2026, underscoring management’s confidence in the balance sheet and capital position while modestly enhancing earnings per share for remaining investors.
More about Standard Chartered
Standard Chartered PLC is a UK-headquartered international banking group operating primarily in Asia, Africa, and the Middle East, offering retail, commercial, and institutional banking services. The group focuses on trade finance, corporate banking, and wealth management, serving both individual and corporate clients across emerging and developed markets.
For a thorough assessment of STAN stock, go to TipRanks’ Stock Analysis page.