STANDARD CHARTERED PLC
25 June 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:
|
25 June 2024
|
Aggregate number of ordinary shares
purchased:
|
650,144
|
Lowest price paid per share:
|
725.6000 pence
|
Highest price paid per share:
|
736.0000 pence
|
Weighted average price paid per
share:
|
730.7219 pence
|
Venue:
|
London Stock Exchange
|
As of close of business London time on the
trading day preceding the date of this announcement, SC had applied
an aggregate of US$993,978,859.46 to share purchases pursuant to
the 2024 Buy-back.
Following the purchase of these shares, the
Programme that commenced on 27 February 2024 (announced on 26
February 2024), has completed. Since the commencement of the
Programme, the Company has repurchased for cancellation 113,266,516
ordinary shares at a volume weighted average price of £6.9689 per
ordinary share for an aggregate consideration of approximately US$1
billion.
SC intends to cancel the purchased shares.
Following the cancellation of the purchased shares, SC will
have 2,551,790,045 ordinary shares in
issue. Therefore, the total number of voting rights in SC will
be 2,551,790,045. Following SC's 2024
annual general meeting held on 10 May 2024, SC's share voting
structure has been amended so that ordinary shareholders have one
vote for every ordinary share they hold in SC.
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/8539T_1-2024-6-25.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
|