Transaction in Own Shares

RNS Number : 4026C

Standard Chartered PLC

10 October 2022

 

STANDARD CHARTERED PLC

10 October 2022

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 ("JPM Securities"), pursuant to the share buy-back programme previously outlined on 1 August 2022 (the "Programme").

Following the purchase of these shares, the Programme that commenced on 1 August 2022 has completed. Since the commencement of the Programme, the Company has repurchased for cancellation 73,073,837 ordinary shares at a volume weighted average price of £5.9238 per ordinary share for an aggregate consideration of approximately US$500 million.

Ordinary shares:

Date of purchase:	10 October 2022
Aggregate number of ordinary shares purchased:	377,161
Lowest price paid per share:	570.4000 pence
Highest price paid per share:	579.8000 pence
Weighted average price paid per share:	575.5603 pence

All ordinary shares purchased today were bought back on the London Stock Exchange.

SC intends to cancel the purchased shares.

Following the cancellation of the purchased shares, SC will have 2,894,749,855 ordinary shares in issue. Therefore, the total number of voting rights in SC will be 723,687,463 .

Any share purchases pursuant to the Programme 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 1 August 2022.

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/4026C_1-2022-10-10.pdf

This announcement will also be available on SC's website at: https://www.sc.com/en/investors/stock-exchange-announcements/

Enquiries to:

Gregg J Powell, Group Head, Investor Relations	[phone]
Shaun Gamble, Director, Group Media Relations	[phone]

 

END

 

 

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