Standard Chartered Cancels New Buy-Back Shares, Trimming Share Capital

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

Standard Chartered has continued to execute its previously announced share buy-back programme, repurchasing 974,396 ordinary shares on 30 March 2026 through J.P. Morgan Securities at a volume-weighted average price of about 1,534.3 pence. The purchases were made across the London Stock Exchange and Cboe venues, bringing total funds applied under the current buy-back to roughly $430.6 million as of the day before the announcement.

The bank intends to cancel all shares bought under the programme, which will reduce its share count to 2,233,162,178 ordinary shares in issue and the same number of voting rights. This reduction in share capital is expected to enhance capital return to shareholders and may improve earnings per share, underlining management’s ongoing focus on capital efficiency and shareholder value in a competitive global banking sector.

More about Standard Chartered

Standard Chartered PLC is an international banking group headquartered in the UK, operating primarily in Asia, Africa and the Middle East. The bank offers retail and commercial banking, wealth management and financial markets services, with its shares listed in London and Hong Kong, where it is a constituent of major market indices.

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