Summary by Moomoo AI
Standard Chartered Group Limited conducted a share repurchase activity from May 7 to 10, 2024, but no share repurchases will be written off. Under the Listing Rules of the Hong Kong Stock Exchange Limited, companies are required to disclose changes in issued share capital. During this period, Standard Chartered Group repurchased 1,054,857 shares of ordinary shares on the London Stock Exchange, CBOE BXE and CBOE CXE, representing 0.0408% of the issued shares. The total amount redeemed is GBP 8,137,533.99. The Company has confirmed that all transactions comply with the relevant legal requirements and has been formally authorized by the Board of Directors. This share repurchase was made pursuant to Special Resolution No. 25, adopted at the Annual General Meeting on May 10, 2024, which authorizes the Company to purchase its ordinary shares, subject to certain conditions, until the end of the Annual General Meeting of Shareholders or the close of business on August 9, 2025. The Share Repurchase Report was submitted by Assistant Company Secretary Wong on 13 May 2024.