Standard Chartered Cancels New Tranche of Shares After Ongoing Buyback

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

Standard Chartered has continued executing its previously announced share buyback programme, repurchasing 945,698 ordinary shares on 25 March 2026 via J.P. Morgan Securities across the London Stock Exchange and CBOE venues at a volume-weighted average price of about 1,620 pence. The bank has so far deployed roughly US$370.6 million on this buyback and will cancel the latest tranche, reducing its share count to 2,236,043,324 and maintaining the same number of voting rights, a move that typically enhances capital return to shareholders and may support earnings per share.

The repurchases are being carried out under pre-set parameters and in line with applicable UK and EU-derived market abuse and listing regulations. By steadily shrinking its share base while adhering to regulatory requirements, Standard Chartered underscores its capital strength and commitment to shareholder distributions, which could bolster investor confidence and influence its valuation relative to other global banks.

More about Standard Chartered

Standard Chartered PLC is a UK-incorporated international banking group providing retail, commercial and institutional financial services. Listed in Hong Kong and London, it focuses on emerging markets across Asia, Africa and the Middle East, where it offers a range of banking products including lending, trade finance, cash management and wealth management services.

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