Summary by Futu AI
Standard Chartered Group Limited filed a Next Day Disclosure Statement on May 9, 2024, disclosing changes in its issued share capital. The report shows that Standard Chartered Group repurchased and delisted a total of 3,425,950 shares of common stock between April 29 and May 1, 2024, effective May 8, 2024. In addition, Standard Chartered Group repurchased a total of 2,118,989 shares of common stock on May 7 and May 8, 2024, but were not written off. The transaction for the repurchase of shares was conducted on the London Stock Exchange and was made pursuant to a special resolution adopted at the Annual General Meeting on May 3, 2023. The 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. Since the adoption of the Special Resolution, Standard Chartered Group has repurchased 241,004,911 shares on the London Stock Exchange, CBOE BXE and CBOE CXE, representing 8.5173% of the issued shares.