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BAE Systems plc purchased 109,000 of its 2.5 pence ordinary shares from J.P. Morgan Securities plc on the London Stock Exchange on 7 April 2025. These shares, acquired for cancellation under its share repurchase programme, had a volume weighted average price of 1,486.9686 pence, with prices ranging from 1,401.0000 pence to 1,550.5000 pence. Cumulatively, as part of the First Tranche initiated on 25 July 2024, BAE Systems plc has purchased 28,664,765 ordinary shares at a volume weighted average price of 1,280.1659 pence.
| Date | 8 Apr 2025 |
| Time | 07:00:02 |
| Category | Capital structure |
| ID | 9868D |
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"):
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Date of purchase: |
7 April 2025 |
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Number of ordinary shares purchased: |
109,000 |
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Highest price paid per ordinary share (p): |
1,550.5000 |
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Lowest price paid per ordinary share (p): |
1,401.0000 |
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Volume weighted average price paid per share (p): |
1,486.9686 |
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/9868D_1-2025-4-7.pdf
In relation to the First Tranche, the Company has purchased 28,664,765 ordinary shares in aggregate at a volume weighted average price of 1,280.1659p 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:
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Investor Relations |
Director, Media Relations |
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Telephone: +44 (0) 3300 46 6802 |
Telephone: +44 (0) 7540 628673 |
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Email: [email protected] |
Email: [email protected] |