Standard Chartered advances share buy-back with further share repurchases and planned cancellations

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

Standard Chartered PLC has continued execution of its previously announced share buy-back programme, repurchasing 829,908 ordinary shares on 29 April 2026 through J.P. Morgan Securities. The purchases were executed across the London Stock Exchange, CBOE BXE and CBOE CXE at volume-weighted average prices around 1,790 GB pence, with the lowest and highest prices ranging from 1,772.0000 to 1,803.0000 GB pence.

The bank has so far deployed US$793.3 million under the buy-back and intends to cancel the newly repurchased shares, reducing its share count to 2,217,496,702 and setting the same figure as the total number of voting rights. This cancellation is expected to enhance capital efficiency and potentially support earnings per share and shareholder value, as the buy-back is carried out within pre-set regulatory parameters and disclosed under applicable market abuse regulations.

More about Standard Chartered

Standard Chartered PLC is a UK-incorporated banking group listed in Hong Kong, operating as an international financial institution. The group focuses on providing banking and financial services across global markets, with its ordinary shares traded on venues including the London Stock Exchange and alternative platforms such as CBOE BXE and CBOE CXE.

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