Transaction in Own Shares

RNS Number : 1632C
Balfour Beatty PLC
17 June 2021
 

TRANSACTION IN OWN SHARES

17 June 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 and increased on 10 March 2021 (the "Share Buyback"), the Group purchased the following number of its ordinary shares of 50 pence each through BofA Securities.

 

Date of purchase:

16 June 2021

Aggregate number of ordinary shares of 50 pence each purchased:

338,912

Highest price paid per share (GBp):

306.6000

Lowest price paid per share (GBp):

302.6000

Volume weighted average price paid per share (GBp):

304.7847

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 660,138,709 (excluding treasury shares).

The Group has to date, under the Share Buyback, repurchased 29,600,910 ordinary shares at a volume weighted average price of 298.8143 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.

 

Aggregated information of ordinary shares purchased according to each trading venue:

 

Venue

Weighted average price paid per share (GBp)

Aggregate number of shares purchased

Lowest price paid per share
(GBp)

Highest price paid per share
(GBp)

London Stock Exchange

304.7485

216,894

302.6000

306.6000

Turquoise

304.9220

21,000

303.2000

306.2000

Chi-X (CXE)

305.0266

30,270

302.8000

306.2000

BATS (BXE)

304.7513

70,748

302.6000

306.2000

 

 

 

 

 

Analyst/investor enquiries:

Angus Barry
Tel. +44 (0)7966 281 635
angus.barry@balfourbeatty.com  

 

Media enquiries: 

Antonia Walton
Tel. +44 (0) 7966 929 633
antonia.walton@balfourbeatty.com

 

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.

 

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
 
 
POSSFEFWMEFSEEM
UK 100

Latest directors dealings