Transaction in Own Shares

RNS Number : 1133Q

Balfour Beatty PLC

24 February 2021

 

TRANSACTION IN OWN SHARES

24 February 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 Numis Securities Ltd.

Date of purchase:	23 February 2021
Aggregate number of ordinary shares of 50 pence each purchased:	170,000
Highest price paid per share (GBp):	274.80
Lowest price paid per share (GBp):	270.40
Volume weighted average price paid per share (GBp):	272.3138

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 682,979,744 (excluding treasury shares).

The Group has to date, under the Share Buyback, repurchased 6,759,875 ordinary shares at a volume weighted average price of 274.0744 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 Numis Securities Ltd 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 (balfourbeatty.com) is a leading international infrastructure group. With 26,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.

· Our main geographies are the UK, US and Hong Kong. Over the last 110 years we have created iconic buildings and infrastructure all over the world including the London Olympics' Aquatic Centre, Hong Kong's first Zero Carbon building, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.

 

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