STANCHART trims share base after latest London-led buyback; 371.89k shares cancelled, further 0.73m pending

Bulletin Express
08/12

Standard Chartered PLC (STANCHART) has reduced its issued ordinary share capital following continued execution of its 2026 share-repurchase mandate.

Key developments 1. Capital reduction: On 11 August 2026, 371,894 shares repurchased on 7 August were cancelled, cutting the issued share count by 0.017 % to 2.188 billion shares.

2. Ongoing cancellations: A further 729,654 shares—366,641 bought on 10 August and 363,013 on 11 August—remain in treasury awaiting cancellation. Combined, these represent an additional 0.033 % of current outstanding shares.

3. Recent repurchase terms (11 August): • Total shares bought: 363,013 • Venues: London Stock Exchange (254,405 shares), CBOE BXE (36,343), CBOE CXE (72,265) • Price range: GBP 22.08–22.37 per share • Aggregate consideration: GBP 8.07 million • Volume-weighted average price (VWAP) of shares cancelled (repurchased 7 Aug): GBP 22.17.

Mandate utilisation • Shareholders authorised management on 7 May 2026 to repurchase up to 221.63 million shares. • Since that approval, 26.25 million shares—1.18 % of shares outstanding at the mandate date—have been acquired on the London Stock Exchange and CBOE platforms. • All repurchased shares are intended for cancellation.

Post-transaction position • Issued share capital stands at 2,188.45 million shares, excluding the 0.73 million shares pending cancellation. • No treasury shares are held.

Regulatory compliance The board confirms that all repurchases were executed in line with Hong Kong Stock Exchange Listing Rules and the relevant regulations of the London Stock Exchange and CBOE venues.

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