Summary by Moomoo AI
Standard Chartered Group Limited filed a Next Day Disclosure Statement on March 22, 2024 disclosing the share repurchases from March 18 to March 21, 2024. During this period, the company repurchased a total of 4,674,348 shares of ordinary shares through the London Stock Exchange, but no write-offs were made. The repurchased shares represent 7.3253% of the shares issued at the time of the special resolution of the Annual General Meeting on May 3, 2023. The Special Resolution authorizes Standard Chartered Group to purchase its ordinary shares, subject to certain conditions, until the end of the 2024 Annual General Meeting or on August 2, 2024. Standard Chartered confirms that all repurchases are formally authorized by the Board of Directors and comply with the relevant legal requirements.