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On 3rd November 2021, BAE Systems plc purchased 1,173,816 of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc, with a volume weighted average price of 555.66p. This transaction was part of a share repurchase programme announced on 29 July 2021, under which BAE Systems plc has since acquired a total of 52,960,566 shares at a cost of £300,709,053.48. The Company intends to cancel the purchased shares.
| Date | 3 Nov 2021 |
| Time | 17:32:14 |
| Category | Capital structure |
| ID | 2733R |
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.
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Date of purchase: |
3rd November 2021 |
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Number of ordinary shares purchased: |
1,173,816 |
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Highest price paid per share (pence): |
561.60 |
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Lowest price paid per share (pence): |
550.20 |
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Volume weighted average price paid per share (pence): |
555.66 |
The Company intends to cancel the purchased shares.
Since 29 July 2021, BAE Systems plc has purchased 52,960,566 shares at a cost (including dealing and associated costs) of £300,709,053.48.
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/2733R_1-2021-11-3.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:
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Investors |
Media |
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Martin Cooper, Investor Relations Director Telephone: +44 (0)1252 383455 Email: [email protected] |
Kristina Anderson, Director, Media Relations Telephone: +44 (0) 7540 628673 Email: [email protected] |