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BBY - Balfour Beatty News Story

308p -1.0  -0.3%

Last Trade - 18/05/21

Sector
Industrials
Size
Mid Cap
Market Cap £2.06bn
Enterprise Value £1.93bn
Revenue £7.32bn
Position in Universe 305th / 1824

Balfour Beatty PLC - Transaction in Own Shares

Thu 8th April, 2021 7:15am
RNS Number : 7435U
Balfour Beatty PLC
08 April 2021
 

TRANSACTION IN OWN SHARES

08 April 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 (the "Share Buyback"), the Group purchased the following number of its ordinary shares of 50 pence each through BofA Securities.

 

Date of purchase:

07 April 2021

Aggregate number of ordinary shares of 50 pence each purchased:

425,853

Highest price paid per share (GBp):

312.00

Lowest price paid per share (GBp):

303.20

Volume weighted average price paid per share (GBp):

309.0557

 

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 675,950,104 (excluding treasury shares).

The Group has to date, under the Share Buyback, repurchased 13,789,515 ordinary shares at a volume weighted average price of 284.1555 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

308.5359

265,444

303.2000

311.6000

Turquoise

309.8646

21,940

303.8000

311.4000

Chi-X (CXE)

309.7090

39,000

303.4000

311.8000

BATS (BXE)

310.0082

99,469

303.2000

312.0000

Aquis UK

0.0000

0

0.0000

0.0000

 

 

 

Analyst/investor enquiries:

Angus Barry
Tel. +44 (0)20 7216 6824
angus.barry@balfourbeatty.com  

 

Media enquiries: 

Antonia Walton
Tel. +44 (0) 203 810 2345
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.

 

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