Transaction in Own Shares

RNS Number : 0262U

Balfour Beatty PLC

31 March 2021

 

TRANSACTION IN OWN SHARES

31 March 2021

Balfour Beatty plc (the "Group" or "Balfour Beatty"), the international infrastructure group, announces that, in accordance with the terms of its share buyback programme announced on 5 January 2021 (the "Share Buyback"), the Group purchased the following number of its ordinary shares of 50 pence each through BofA Securities.

Date of purchase:	30 March 2021
Aggregate number of ordinary shares of 50 pence each purchased:	219,830
Highest price paid per share (GBp):	301.00
Lowest price paid per share (GBp):	299.00
Volume weighted average price paid per share (GBp):	300.0637

The Group will hold the repurchased shares in treasury. Following the purchase of these shares, the remaining number of ordinary shares in issue will be 677,161,259 (excluding treasury shares).

The Group has to date, under the Share Buyback, repurchased 12,578,360 ordinary shares at a volume weighted average price of 282.3376 pence, which are to be held in treasury with no voting rights attached. The shares repurchased under the Share Buyback are the only shares held in treasury by the Group.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table available on the Company's website here contains detailed and aggregated information of the individual trades made by BofA Securities as part of the Share Buyback.

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Analyst/investor enquiries:

Angus Barry
Tel. [phone]
[e-mail]  

Media enquiries: 

Antonia Walton
Tel. [phone]
[e-mail]

Notes to editors:

· Balfour Beatty is a leading international infrastructure group with 26,000 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow. 

· We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

· Over the last 112 years we have created iconic buildings and infrastructure all over the world including: the £1.5 billion A14 improvement scheme - Britain's biggest road project; Hong Kong's HK$5.5 billion world-class harbour theatre project for the West Kowloon Cultural District Authority; and the 12.5 mile $429 million North Metro Commuter Rail line in Colorado, US.

 

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