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RNS Number : 3902U Balfour Beatty PLC 23 November 2023
TRANSACTION IN OWN SHARES
Thursday 23rd November 2023
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 3 January 2023, and increased on 20 March
2023 (the "Share Buyback"), the Group purchased the following number of its
ordinary shares of 50 pence each through Merrill Lynch International.
Date of purchase: 22 November 2023
Aggregate number of ordinary shares of 50 pence each purchased: 225,119
Highest price paid per share (GBp): 324.6000
Lowest price paid per share (GBp): 321.4000
Volume weighted average price paid per share (GBp): 322.9480
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
547,012,326 (excluding treasury shares).
The Group has, under the Share Buyback, repurchased 40,422,081 ordinary shares
at a volume weighted average price of 347.7684 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. Accordingly,
the total number of voting rights in the Company is 547,012,326. This figure
may be used by shareholders as the denominator for the calculation by which
they will determine whether they are required to notify their interest in, or
a change to their interest in, Balfour Beatty plc under the FCA's Disclosure
and Transparency Rules.
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
(https://www.balfourbeatty.com/investors/shareholder-centre/share-purchase-transactions/)
contains detailed and aggregated information of the individual trades made by
Merrill Lynch International 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 322.9742 189,444 321.40 324.60
Chi-X (CXE) 322.7925 21,971 321.40 324.40
BATS (BXE) 322.9101 10,400 321.40 324.00
Turquoise 322.6001 3,304 321.40 323.80
Investor and analyst enquiries:
Jim Ryan
Tel. +44 (0) 7858 368527
jim.ryan@balfourbeatty.com (mailto:jim.ryan@balfourbeatty.com)
Media enquiries:
Antonia Walton
Tel. +44 (0) 7966 929 633
antonia.walton@balfourbeatty.com (mailto:antonia.walton@balfourbeatty.com)
Notes to editors:
· Balfour Beatty is a leading international infrastructure group with
25,000 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 113 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.
Legal Entity Identifier: CT4UIJ3TUKGYYHMENQ17
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