t
BAE Systems plc purchased 260,000 of its ordinary shares from J.P. Morgan Securities plc on June 27, 2025, for cancellation. The shares were bought on the London Stock Exchange at prices between 1,856.0000p and 1,891.0000p, with a volume weighted average price of 1,866.6978p. This transaction is part of the First Tranche of its share repurchase programme, under which the company has cumulatively purchased 35,702,165 ordinary shares at a volume weighted average price of 1,387.9717p.
| Date | 30 Jun 2025 |
| Time | 07:00:04 |
| Category | Capital structure |
| ID | 8333O |
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: |
27 June 2025 |
|
Number of ordinary shares purchased: |
260,000 |
|
Highest price paid per ordinary share (p): |
1,891.0000 |
|
Lowest price paid per ordinary share (p): |
1,856.0000 |
|
Volume weighted average price paid per share (p): |
1,866.6978 |
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/8333O_1-2025-6-27.pdf
In relation to the First Tranche, the Company has purchased 35,702,165 ordinary shares in aggregate at a volume weighted average price of 1,387.9717p 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: [email protected] |
Email: [email protected] |