Summary by Moomoo AI
Standard Chartered Group Limited conducted a share repurchase activity from 18 to 20 March 2024 and filed a subsequent disclosure statement with the Hong Kong Stock Exchange Limited on 21 March 2024. According to the report, the company repurchased 1,195,394 shares, 1,210,000 shares and 1,139,329 shares of ordinary shares on March 18, 19 and 20, respectively, for a total repurchase of 3,544,723 shares. The repurchase is pursuant to Special Resolution No. 28, adopted at the Annual General Meeting on May 3, 2023, which authorizes the Company to purchase its ordinary shares, subject to certain conditions, until the end of the 2024 Annual General Meeting or the close of business on August 2, 2024. The shares repurchased were not withdrawn and the repurchase was not conducted on the Hong Kong Stock Exchange, but on the London Stock Exchange, CBOE BXE and CBOE CXE. SINCE THE ADOPTION OF THE SPECIAL RESOLUTION, THE COMPANY HAS REPURCHASED A TOTAL OF 206,137,217 SHARES ON THE ABOVE-MENTIONED EXCHANGES, REPRESENTING 7.285% OF THE SHARES ISSUED AT THE TIME.