Standard Chartered PLC Transaction in Own Shares
May 24 2024 - 11:40AM
RNS Regulatory News
RNS Number : 9264P
Standard Chartered PLC
24 May 2024
STANDARD CHARTERED
PLC
24 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:
|
24 May 2024
|
Aggregate number of ordinary shares
purchased:
|
1,015,000
|
Lowest price paid per
share:
|
766.2000 pence
|
Highest price paid per
share:
|
778.0000 pence
|
Weighted average price paid per
share:
|
773.2455 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$785,861,247.42 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 2,573,336,581 ordinary shares in issue. Therefore, the total number of voting
rights in SC will be 2,573,336,581. 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/9264P_1-2024-5-24.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
|
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