BAE SYSTEMS PLC Transaction in Own Shares
13 November 2024 - 6:00PM
RNS Regulatory News
RNS Number : 9590L
BAE SYSTEMS PLC
13 November 2024
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 2 August 2023 (the "Buyback
Programme") and following the announcement on 25 July 2024 in
relation to the initiation of the first tranche (the "First
Tranche") of the Buyback Programme, it has purchased for
cancellation the following number of its ordinary shares of 2.5
pence each on the London Stock Exchange from J.P. Morgan Securities
plc ("JPMS plc"):
Date of purchase:
|
12 November 2024
|
Number of ordinary shares purchased:
|
142,634
|
Highest price paid per ordinary share
(p):
|
1,414.0000
|
Lowest price paid per ordinary share
(p):
|
1,384.5000
|
Volume weighted average price paid per share
(p):
|
1,396.3301
|
The Company intends
to cancel all of the purchased ordinary shares.
In accordance with
Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (as
it forms part of domestic law by virtue of the European Union
(Withdrawal) Act 2018, as amended), a full breakdown of the
individual purchases of ordinary shares made by JPMS plc on behalf
of the Company can be found at:
http://www.rns-pdf.londonstockexchange.com/rns/9590L_1-2024-11-12.pdf
In relation to the
First Tranche, the Company has purchased
11,587,703 ordinary shares in aggregate at a
volume weighted average price of
1,299.7078p per ordinary share.
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
- ENDS -
For further information, please
contact:
Investor Relations
|
Director, Media Relations
|
Telephone: +44 (0) 3300 46 6802
|
Telephone: +44 (0) 7540 628673
|
Email: investors@baesystems.com
|
Email:
Kristina.anderson@baesystems.com
|
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