Transaction in Own Shares

RNS Number : 5131H

Smith & Nephew Plc

19 May 2014

 



19 May 2014

Smith & Nephew plc (the "Company")

Transaction in Own Shares

The Company has today purchased 250,000 of its Ordinary Shares of US 20¢ each through UBS Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 10 April 2014. These shares were issued in connection with employee share schemes in Quarter 1 2014 and have been purchased as part of a programme to keep the total issued share capital broadly constant.

The average price paid was 919.8909p per share.

The highest price paid was 930p per share and the lowest price paid was 917p per share.

The Company intends to hold these shares in Treasury.

Following the purchase of these shares, and previous purchases which are yet to settle, the Company holds 26,097,968 of its shares in Treasury. The Company's issued share capital, with one voting right per share consists of 893,555,707 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.

Susan Swabey

Company Secretary

Smith & Nephew plc

Tel: [phone]

 

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