Transaction in Own Shares

RNS Number : 3425Y
Smith & Nephew Plc
08 September 2015
 

8 September 2015

Smith & Nephew plc (the "Company")

 

Transaction in Own Shares

 

The Company yesterday purchased 250,000 of its Ordinary Shares of US 20¢ each through JP Morgan Cazenove, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 9 April 2015. These shares were issued in connection with employee share schemes in Quarter 2 2015 and have been purchased as part of a programme to keep the total issued share capital broadly constant.

 

The average price paid was 1,154.7174p per share.

 

The highest price paid was 1,158p per share and the lowest price paid was 1,149p per share.

 

The Company intends to hold these shares in Treasury.

 

Following the purchase of these shares the Company holds 21,140,699 of its shares in Treasury. The Company's issued share capital, with one voting right per share consists of 894,985,246 Ordinary Shares of US20¢ each.  This is the figure which should be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

This announcement is made in accordance with the requirements of LR 12.4.6.

 

Vickie Grady

Deputy Company Secretary

Smith & Nephew plc

Tel: 020 7401 7646


This information is provided by RNS
The company news service from the London Stock Exchange
 
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