Transaction in Own Shares

RNS Number : 3426I

BAE SYSTEMS PLC

01 December 2022

 

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. Such purchase was effected pursuant to instructions issued by BAE Systems plc on 17 November 2022.

Date of purchase:	01 December 2022
Number of ordinary shares purchased:	957,004
Highest price paid per share (p):	819.20
Lowest price paid per share (p):	797.20
Volume weighted average price paid per share (p):	813.15

The Company intends to cancel the purchased shares.

In relation to the Second Tranche, since 17 November 2022, BAE Systems plc has purchased 9,276,728 shares at a cost (including dealing and associated costs) of £74,136,043.12.

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/3426I_1-2022-12-1.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: [phone] Email:  [e-mail]	Kristina Anderson, Director, Media Relations Telephone: [phone] Email:  [e-mail]

 

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