Completion of Share Buy-back Programme

TI Fluid Systems PLC

28 October 2024

 

28 October 2024

TI Fluid Systems plc

(the "Company")

Completion of Share Buy-back Programme

TI Fluid Systems plc (TIFS), a global industry leader in highly engineered automotive fluid storage, carrying and delivery systems and thermal management products and systems, announces that it has completed its €40 million share buy-back programme, details of which were first announced on 4 October 2023.

Over the course of the buy-back programme, the Company purchased 24.1m ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at an average price of 141.79p. These 24.1m shares, representing circa 4.6% of the Company's issued share capital, were purchased for cancellation. Following cancellation, the Company will have 496,214,659 Ordinary Shares in issue.

Enquiries:

TI Fluid Systems plc Kellie McAvoy Investor Relations Tel: [phone] Headland Consultancy Matt Denham/Chloe Francklin Tel: [phone]

About TI Fluid Systems plc

TI Fluid Systems is a global innovator of thermal and fluid system solutions for the full range of current and developing vehicle architectures. Serving all major automotive manufacturers, with more than 100 years of automotive supply experience; TI Fluid Systems operates across 27 countries with a commitment to improving efficiency, performance and sustainability worldwide. To find out more about TI Fluid Systems, visit www.tifluidsystems.com.

 

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