---
title: "Standard Chartered Advances Share Buy-back, Plans Cancellation of Repurchased Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284174234.md"
description: "Standard Chartered PLC has advanced its share buy-back program, repurchasing 840,847 ordinary shares at an average price of 1,737.95 pence. The bank has spent approximately US$733.3 million on buy-backs and plans to cancel the repurchased shares, reducing the total shares in issue to 2,220,013,391. This move is part of the bank's capital management strategy, aimed at enhancing earnings per share and demonstrating financial strength to shareholders and the market."
datetime: "2026-04-27T08:07:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284174234.md)
  - [en](https://longbridge.com/en/news/284174234.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284174234.md)
---

# Standard Chartered Advances Share Buy-back, Plans Cancellation of Repurchased Shares

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Standard Chartered ( (GB:STAN) ) has shared an update.

Standard Chartered PLC has continued its previously announced share buy-back programme, repurchasing 840,847 ordinary shares on 24 April 2026 via J.P. Morgan Securities at a volume-weighted average price of about 1,737.95 pence. The purchases were executed across the London Stock Exchange and Cboe venues within pre-set parameters and in line with applicable UK regulations.

Following these transactions, the bank has deployed roughly US$733.3 million on buy-backs and intends to cancel the repurchased shares, reducing the number of shares in issue to 2,220,013,391 and aligning the total voting rights accordingly. The move underscores the group’s ongoing capital management strategy, which can enhance earnings per share and capital efficiency, and signals confidence in the bank’s financial strength to shareholders and the broader market.

**More about Standard Chartered**

Standard Chartered PLC is a London-headquartered international banking group operating as a public limited company with limited liability in England and Wales. Listed in Hong Kong under stock code 02888, it focuses on banking and financial services across global markets, with a broad institutional and retail investor base and a significant presence in Asia and emerging economies.

For a thorough assessment of STAN stock, go to TipRanks’ Stock Analysis page.

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