Standard Chartered advances US$350m share buy-back, to cut share count

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

Standard Chartered has continued executing its previously announced share buy-back programme, repurchasing 952,044 ordinary shares on 24 March 2026 through J.P. Morgan Securities at a volume-weighted average price of 1,559.4401 pence. The trades were conducted across the London Stock Exchange and Cboe venues within pre-set regulatory parameters.

Following these latest purchases, the bank has allocated more than US$350 million to the buy-back and plans to cancel the repurchased shares, reducing its share count to 2,236,989,022. The cancellation will lower the total number of voting rights, effectively increasing existing shareholders’ proportional ownership and signalling continued capital return and balance sheet confidence by the board.

More about Standard Chartered

Standard Chartered PLC is a UK-incorporated international banking group that provides retail, commercial and institutional banking services across global markets. Listed in Hong Kong among other exchanges, it focuses on cross-border financial services and emerging markets, positioning itself as a major player in international finance and trade banking.

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