Charter Announces Third Quarter 2026 Results and Launches New Operating Model

(LSE:STAN) Charter Communications, Inc. announced a new operating model designed to return the company to growth and transform the organization for speed and efficiency. The company is targeting $2 billion in annualized run-rate operating expense savings over the next 18 months, in addition to more than $1 billion in anticipated Cox Transactions synergies. On August 19, 2026, Charter completed its transactions with Cox Communications, adding more than 11 million passings and over 5 million customer relationships. On September 16, 2026, Charter launched Spectrum's products, pricing, and packaging across the legacy Cox footprint, bringing its offerings to more than 11 million homes and businesses. As of September 30, 2026, Charter served 13.5 million mobile lines, 34.3 million Internet customers, 13.8 million video customers, 36.7 million Spectrum customer relationships, and 35.4 million connectivity customers. On a pro forma basis, third quarter Spectrum Mobile lines increased by 508,000 and by 1.8 million over the last twelve months, while legacy Charter added 440,000 mobile lines during the quarter. Spectrum Internet customers declined by 233,000 on a pro forma basis during the third quarter, including a decline of 156,000 at legacy Charter and 77,000 at legacy Cox. Video customers decreased by 77,000 in the third quarter on a pro forma basis, compared to a decline of 121,000 in the prior-year period. Pro forma third quarter revenue was $16.5 billion, a decline of 1.5% year-over-year, while actual third quarter revenue was $14.9 billion, an increase of 9.1% year-over-year. Pro forma third quarter net loss attributable to Charter shareholders totaled $2.1 billion, while actual net loss was $2.4 billion, both primarily driven by a $6.3 billion franchise impairment charge. Pro forma third quarter Adjusted EBITDA was $6.6 billion, a decline of 4.0% year-over-year, while actual Adjusted EBITDA was $5.9 billion, a growth of 6.9% year-over-year. Pro forma third quarter capital expenditures declined to $3.2 billion from $3.6 billion in the prior-year period, while actual capital expenditures totaled $3.0 billion. Third quarter actual net cash flows from operating activities were $4.0 billion versus $4.5 billion in the prior year. Third quarter actual free cash flow was $674 million, a decline of $947 million versus the prior year. During the quarter, Charter exchanged $5.5 billion in aggregate principal amount of secured notes for approximately $4.0 billion in cash and new secured notes, resulting in approximately $1.5 billion in deleveraging, and repaid $1.0 billion of legacy Cox notes at maturity. Pro forma monthly residential revenue per residential customer was $117.85, and monthly small business revenue per small business customer was $163.74. Spectrum Stream TV video customers now receive up to approximately $132 per month of programmers' streaming application retail value at no extra cost. In the first quarter of 2026, Spectrum launched its $1,000 savings guarantee for new or existing Internet customers switching two or more mobile lines from Verizon, AT&T, or T-Mobile. During the third quarter, legacy Charter activated 116,000 subsidized rural passings, and within this footprint, total customer relationships increased by 48,000.

HY 2026 Pillar 3 Disclosures

(LSE:STAN) Standard Chartered PLC has submitted the HY 2026 Pillar 3 Disclosures to the Financial Conduct Authority. The HY 2026 Pillar 3 Disclosures will shortly be available for inspection at the Financial Conduct Authority's National Storage Mechanism. The document can also be viewed on the Company's website, https://www.sc.com/en/investors/financial-results/.

Share Buyback

(LSE:STAN) Standard Chartered PLC announced it will commence buying back ordinary shares of US$0.50 each for up to a maximum aggregate amount of $1,000,000,000. The buyback will be conducted under a non-discretionary agreement with Goldman Sachs International, acting as principal, during the period from 30 July 2026 to no later than 29 January 2027. The maximum number of Ordinary Shares that can be purchased under the Buyback is 201,451,712 Ordinary Shares. Purchases will be carried out on the London Stock Exchange and/or Cboe Europe (through the BXE and CXE order books), and/or any other UK recognised investment exchange which may be agreed. The purpose of the Buyback is to reduce SC's share capital. Ordinary Shares purchased under the Buyback will be cancelled. No purchases of Ordinary Shares will be carried out on the Stock Exchange of Hong Kong.

Half Year Report 2026

(LSE:STAN) Standard Chartered PLC announced the submission of its 2026 Half Year Report to the Financial Conduct Authority. The report will shortly be available for inspection at the Financial Conduct Authority's National Storage Mechanism, accessible at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The document can also be viewed on the Company's website, https://www.sc.com/en/investors/financial-results. The Half Year Report will be posted to shareholders on 19 August 2026. Contact names for enquiries are David Lock, Global Head, Investor Relations, and Nick Probert, Group Media & Financial Communications. The announcement was provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

SCPLC Half Year Results 2026 - Part 2

(LSE:STAN) Standard Chartered PLC reported that its on-balance sheet maximum exposure to Credit Risk increased by $72.8 billion to $939.4 billion as of 30 June 2026 (31 December 2025: $866.6 billion). Cash and balances at central banks rose by $6.8 billion to $84.5 billion, and loans to banks held at amortised cost increased by $2.1 billion to $46.0 billion. Loans and advances to customers grew by $12.5 billion to $299.3 billion, while debt securities (not held at fair value through profit or loss) decreased by $10.5 billion to $155.3 billion. The Group's ongoing credit impairment was a net charge of $446 million (30 June 2025: $336 million), with $156 million of management overlays in respect of the Middle East conflict in H1 2026. High-carbon sectors exposure increased by $2.7 billion to $45.9 billion, representing 12.8 per cent of the Group's maximum exposure. The company projects an increased probability weighting of downside scenarios to 60 per cent due to heightened geopolitical uncertainty and the Middle East conflict.

Issuance of Additional Tier 1 Securities

Standard Chartered PLC announced the issuance of U.S.$1,000,000,000 Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities (the "Securities"). Application will be made for the Securities to be admitted to trading on the International Securities Market of the London Stock Exchange plc. Application will also be made to The Stock Exchange of Hong Kong for the listing of, and permission to deal in, the ordinary shares to be issued upon any conversion of the Securities. The Securities will be subject to the terms and conditions set out in the offering circular dated 29 May 2026. The Securities and any ordinary shares which may be delivered upon conversion have not been and will not be registered under the U.S. Securities Act of 1933, as amended. The Securities are not intended to be offered, sold, distributed or otherwise made available to any retail investor in the United Kingdom or the European Economic Area. Further information is available via the provided URL and contact persons.

Standard Chartered Investor Event 2026 Day 2

(LSE:STAN) Standard Chartered PLC is today hosting the second day of its Investor Event, where it is providing an overview of its Hong Kong and China business, as well as delivering insights on its Digital Asset strategy. Sessions include 'China and the rest of the world', 'China: capturing the tailwinds from China's economic transformation', 'Hong Kong: a differentiated franchise empowering continuous outperformance', and 'Digital assets: connecting traditional finance and the emerging digital economy'. The individual presentations will be available shortly on our investor event website.

Standard Chartered targets ~ 18% RoTE in 2030

Standard Chartered PLC announced a new sustainable growth plan, targeting approximately 18% Return on Tangible Equity (RoTE) in 2030. The company achieved its 2026 medium-term financial targets a year ahead of schedule and has set new milestones for 2028 and beyond. Key targets include delivering over 15% RoTE in 2028, producing a high-teens EPS CAGR, and generating a cost-to-income ratio of around 57% in 2028. The Wealth & Retail Banking business aims to reach $200bn of Net New Money by 2028, with affluent income comprising 75% of its total. The company will invest disproportionately in this business and continue to focus on markets where it has scale and a distinctive client proposition. Standard Chartered is also committed to disciplined workforce planning, including a reduction in corporate functions roles by over 15% by 2030, and will support a dividend payout ratio of 30% or more. Details of the investor event will be available on sc.com/investorevent.

Q1 2026 Pillar 3 Disclosures

Standard Chartered PLC has submitted its Q1 2026 Pillar 3 Disclosures to the Financial Conduct Authority. The disclosures will soon be available for inspection at the Financial Conduct Authority's National Storage Mechanism and can also be viewed on the company's website. The announcement provides contact information for investor and media queries. This information is distributed by RNS, the news service of the London Stock Exchange, which is approved by the Financial Conduct Authority in the United Kingdom. The announcement is relevant for investors seeking regulatory and financial transparency from Standard Chartered PLC.