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Standard Chartered ( (GB:STAN) ) has provided an announcement.
Standard Chartered has continued executing its previously announced share buy-back, purchasing 918,208 ordinary shares on 19 March 2026 through multiple trading venues at a volume-weighted average price of about 1,525 pence. The programme has so far deployed over US$291 million, with the bank confirming that these shares will be cancelled, reducing its share count to 2,239,913,756 and maintaining the same number of voting rights.
By retiring the repurchased shares, Standard Chartered is effectively returning capital to shareholders and potentially boosting earnings per share, underscoring management’s confidence in the bank’s valuation and capital position. The transactions have been carried out within pre-set parameters and in line with UK and EU-derived market abuse regulations, reinforcing the group’s commitment to regulatory compliance and transparent capital management.
More about Standard Chartered
Standard Chartered PLC is a UK-based international banking group providing retail, corporate, and institutional banking services, with a strong presence in Asia, Africa, and the Middle East. Listed in Hong Kong and London, it focuses on cross-border trade, wealth management, and financial markets, serving both individual and corporate clients globally.
Find detailed analytics on STAN stock on TipRanks’ Stock Analysis page.