Transaction in Own Shares

RNS Number : 0168G
Smith & Nephew Plc
23 May 2017
 

23 May 2017

 

Smith & Nephew plc (the "Company")

 

Transaction in Own Shares

 

The Company has today cancelled 12,253,988 of its Ordinary Shares of US 20¢ each ("Shares") previously held in Treasury. 1,229,491 of these shares were issued in connection with employee share schemes in Quarter 4 2016 and have been purchased as part of a programme to keep the total issued share capital broadly constant. 11,024,497 were purchased as part of the $300 million buy-back programme, the purpose of which is to reduce the Company's share capital, as announced on 8 August 2016.

 

Following the cancellation of these Shares the Company holds 16,870,774 of its shares in Treasury. The Company's issued share capital, with one voting right per share consists of 874,963,149 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 12.6.4.

 

 

Vickie Reuben

Deputy Company Secretary

Smith & Nephew plc

Tel: 01923 477320

 

 


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