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On 07 July 2023, BAE Systems plc purchased 161,673 of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc. The shares were bought at a volume weighted average price of 889.61p, with prices ranging from 887.00p to 897.80p, as part of its share repurchase programme. BAE Systems plc intends to cancel these shares, bringing the total purchased under the third tranche since 1 June 2023 to 3,843,274 shares at a cost of £36,145,342.40.
| Date | 7 Jul 2023 |
| Time | 17:49:25 |
| Category | Capital structure |
| ID | 4084F |
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 28 July 2022 (the "Buyback Programme") and following the announcement on 1 June 2023 in relation to the initiation of the third tranche of the Buyback Programme (the "Third Tranche"), the Company purchased the following number of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc.
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Date of purchase: |
07 July 2023 |
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Number of ordinary shares purchased: |
161,673 |
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Highest price paid per share (p): |
897.80 |
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Lowest price paid per share (p): |
887.00 |
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Volume weighted average price paid per share (p): |
889.61 |
The Company intends to cancel the purchased shares.
In relation to the Third Tranche, since 1 June 2023, BAE Systems plc has purchased 3,843,274 shares at a cost (including dealing and associated costs) of £36,145,342.40.
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/4084F_1-2023-7-7.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] |