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Transaction in Own Shares

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By LSE RNS

RNS Number : 6820U
BAE SYSTEMS PLC
29 March 2023
 

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 17 November 2022 in relation to the initiation of the second tranche of the Buyback Programme (the "Second Tranche"), the Company purchased the following number of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc.

 

Date of purchase:

29 March 2023

Number of ordinary shares purchased:

418,488

Highest price paid per share (p):

990.80

Lowest price paid per share (p):

979.20

Volume weighted average price paid per share (p):

985.84

 

 

The Company intends to cancel the purchased shares.

In relation to the Second Tranche, since 17 November 2022, BAE Systems plc has purchased 45,980,707 shares at a cost (including dealing and associated costs) of £390,766,622.55.

 

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/6820U_1-2023-3-29.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:

Investors

Media

Martin Cooper,

Investor Relations Director

Telephone: +44 (0)1252 383455

Email: investors@baesystems.com

Kristina Anderson,

Director, Media Relations

Telephone: +44 (0) 7540 628673

Email: Kristina.anderson@baesystems.com

 

 

 

 

 

 

 

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