Standard Chartered Cancels Newly Repurchased Shares Under Ongoing Buy-back

The latest announcement is out from Standard Chartered ( (GB:STAN) ).

Standard Chartered has continued its previously announced share buy-back programme, repurchasing 977,000 ordinary shares on 16 March 2026 through J.P. Morgan Securities at a volume-weighted average price of about 1,551 pence. The transactions were executed across the London Stock Exchange and CBOE venues under preset regulatory parameters, bringing total buy-back spending to just over $230 million.

The bank plans to cancel the repurchased shares, which will reduce the number of ordinary shares in issue to 2,242,733,167 and set the same figure as the total voting rights. This cancellation is expected to modestly enhance earnings per share and consolidate shareholder value, underlining management’s ongoing capital return strategy and potentially reinforcing investor confidence in the group’s financial position.

More about Standard Chartered

Standard Chartered PLC is a UK-incorporated international banking group listed in Hong Kong, primarily engaged in providing banking and financial services across global markets. The group focuses on corporate, institutional and retail banking, with a strong presence in Asia, Africa and the Middle East, positioning itself as a major player in emerging markets financial services.

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