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Standard Chartered PLC purchased 1,066,500 of its ordinary shares from J.P. Morgan Securities plc on May 9, 2024, as part of its 2024 buy-back programme. The shares were acquired on the London Stock Exchange at a weighted average price of 753.8720 pence, with prices ranging from 750.2000 pence to 755.6000 pence per share. Following the intended cancellation of these shares, Standard Chartered PLC will have 2,584,529,123 ordinary shares in issue and 646,132,280 total voting rights.
| Date | 9 May 2024 |
| Time | 17:31:54 |
| Category | Capital structure |
| ID | 8735N |
STANDARD CHARTERED PLC
9 May 2024
Transaction in own shares
Standard Chartered PLC ("SC") announces that today it purchased the following number of its ordinary shares of US$0.50 each from J.P. Morgan Securities plc, pursuant to the share buy-back programme previously detailed in the announcement of 26 February 2024 (the "2024 Buy-back").
Aggregated information of ordinary shares purchased today pursuant to the 2024 Buy-back:
|
Date of purchase: |
9 May 2024 |
|
Aggregate number of ordinary shares purchased: |
1,066,500 |
|
Lowest price paid per share: |
750.2000 pence |
|
Highest price paid per share: |
755.6000 pence |
|
Weighted average price paid per share: |
753.8720 pence |
Aggregated information of ordinary shares purchased today pursuant to the 2024 Buy-back according to each trading venue:
|
Venue |
Weighted average price paid per share (GB pence) |
Aggregate number of shares purchased |
Lowest price paid per share |
Highest price paid per share |
|
London Stock Exchange |
753.8720 |
1,066,500 |
750.2000 |
755.6000 |
As of close of business London time on the trading day preceding the date of this announcement, SC had applied an aggregate of US$675,533,951.27 to share purchases pursuant to the 2024 Buy-back.
SC intends to cancel the purchased shares. Following the cancellation of the purchased shares, SC will have 2,584,529,123 ordinary shares in issue. Therefore, the total number of voting rights in SC will be 646,132,280.
Any such share purchases will be effected in accordance with certain pre-set parameters and limits, and in accordance with applicable law and regulation as described in more detail in SC's announcement of 26 February 2024.
In accordance with Article 5(1)(b) of Regulation (EU) No. 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), a full breakdown of the individual trades is attached to this announcement.
http://www.rns-pdf.londonstockexchange.com/rns/8735N_1-2024-5-9.pdf
This announcement will also be available on SC's website at: https://www.sc.com/en/investors/stock-exchange-announcements/
Enquiries to:
|
Manus Costello, Global Head, Investor Relations |
+44 (0) 20 7885 0017 |
|
Shaun Gamble, Director, Group Media Relations |
+44 (0) 20 7885 5934 |