Smith & Nephew Plc Transaction in Own Shares (5072S)
22 December 2016 - 12:48AM
UK Regulatory
TIDMSN.
RNS Number : 5072S
Smith & Nephew Plc
21 December 2016
21 December 2016
Smith & Nephew plc (the "Company")
Transaction in Own Shares
The Company has today cancelled 10,173,309 of its Ordinary
Shares of US 20c each ("Shares") previously held in Treasury.
425,298 of these shares were issued in connection with employee
share schemes in Quarter 2 2016 and have been purchased as part of
a programme to keep the total issued share capital broadly
constant. 9,748,011 were purchased as part of the $300 million
buy-back programme, the purpose of which is to reduce the Company's
share capital, as announced on 8 August 2016.
Following the cancellation of these Shares the Company holds
27,839,719 of its shares in Treasury. The Company's issued share
capital, with one voting right per share consists of 875,803,735
Ordinary Shares of US20c each. This is the figure which should be
used by shareholders as the denominator when determining whether
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure and
Transparency Rules.
This announcement is made in accordance with the requirements of
LR 12.6.4.
Tony Llewellyn
Deputy Company Secretary
Smith & Nephew plc
Tel: 01923 477320
This information is provided by RNS
The company news service from the London Stock Exchange
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