TIDMBA.

RNS Number : 1574Z

BAE SYSTEMS PLC

20 January 2022

BAE Systems plc

TRANSACTION IN OWN SHARES

BAE Systems plc (the " Company ") announces that, in accordance with the terms of its share repurchase programme announced on 29 July 2021, the Company purchased the following number of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc. Such purchase was effected pursuant to instructions issued by BAE Systems plc on 29 July 2021.

 
 Date of purchase:                20(th) January 2022 
 Number of ordinary shares 
  purchased:                      977,437 
                                 -------------------- 
 Highest price paid per share 
  (pence):                        601.00 
                                 -------------------- 
 Lowest price paid per share 
  (pence):                        595.80 
                                 -------------------- 
 Volume weighted average price 
  paid per share (pence):         598.67 
                                 -------------------- 
 

The Company intends to cancel the purchased shares.

Since 29 July 2021 , BAE Systems plc has purchased 75,910,354 shares at a cost (including dealing and associated costs) of GBP433,179,748.10.

A full breakdown of the individual trades made by Morgan Stanley & Co. International plc on behalf of the Company as part of the share repurchase programme is attached to this document.

http://www.rns-pdf.londonstockexchange.com/rns/1574Z_1-2022-1-20.pdf

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

This announcement will also be available on the Company's website at: https://investors.baesystems.com/regulatory-news

For further information, please contact:

 
 Investors                          Media 
 Martin Cooper,                     Kristina Anderson, 
  Investor Relations Director        Director, Media Relations 
  Telephone: +44 (0)1252 383455      Telephone: +44 (0) 7540 628673 
  Email: investors@baesystems.com    Email: Kristina.anderson@baesystems.com 
 

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END

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January 20, 2022 12:52 ET (17:52 GMT)

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