Summary by Moomoo AI
Standard Chartered Group Limited filed a Next Day Disclosure Statement on April 25, 2024 disclosing its share repurchases for the period April 22 to April 24. According to the report, the Company repurchased 1,208,596 shares, 1,208,000 shares and 1,179,311 shares of ordinary shares on April 22, 23 and 24, respectively, for a total repurchase of 3,595,907 shares, representing 0.0454% of the shares issued before the repurchase. These share repurchases are conducted 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 under certain conditions. Since the adoption of the Special Resolution, the Company has repurchased 233,133,304 shares on the London Stock Exchange, CBOE BXE and CBOE CXE, representing 8.2391% of the shares issued at that time. The most recent repurchase took place on 24 April 2024 on the London Stock Exchange. 1,179,311 shares were repurchased on the same day at a price of GBP 6.764 to GBP 6.84 for a total payout of GBP 8,027,473.27.