BA..L

BAE Systems Plc
BAE SYSTEMS PLC - Transaction in Own Shares
5th December 2024, 07:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 8584O
BAE SYSTEMS PLC
05 December 2024
 

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:

4 December 2024

Number of ordinary shares purchased:

158,686

Highest price paid per ordinary share (p):

1,263.5000

Lowest price paid per ordinary share (p):

1,252.0000

Volume weighted average price paid per share (p):

1,258.3471

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/8584O_1-2024-12-4.pdf

In relation to the First Tranche, the Company has purchased 14,041,477 ordinary shares in aggregate at a volume weighted average price of 1,298.7196p 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: investors@baesystems.com

Email: Kristina.anderson@baesystems.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSTIBFTMTAMBFI]]>
TwitterFacebookLinkedIn