Standard Chartered Group has announced the cancellation of a total of 2.0065 million shares that were previously repurchased by the company. The cancellation was executed on June 30, 2026.
This action follows the completion of the share buyback program. The cancellation of these shares will reduce the total number of the company's issued shares.
The move is a standard procedure following a share repurchase. It serves to increase the ownership stake of remaining shareholders by reducing the overall share count.