Source - LSE Regulatory
RNS Number : 2688Q
Balfour Beatty PLC
25 February 2021
 

TRANSACTION IN OWN SHARES

 

25 February 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 Numis Securities Ltd.

 

Date of purchase:

24 February 2021

Aggregate number of ordinary shares of 50 pence each purchased:

250,000

Highest price paid per share (GBp):

276.20

Lowest price paid per share (GBp):

271.20

Volume weighted average price paid per share (GBp):

273.3654

 

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 682,729,744 (excluding treasury shares).

 

The Group has to date, under the Share Buyback, repurchased 7,009,875 ordinary shares at a volume weighted average price of 274.0491 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 Numis Securities Ltd as part of the Share Buyback.

 

 -END-

 

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 (balfourbeatty.com) is a leading international infrastructure group. With 26,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.

·    Our main geographies are the UK, US and Hong Kong. Over the last 110 years we have created iconic buildings and infrastructure all over the world including the London Olympics' Aquatic Centre, Hong Kong's first Zero Carbon building, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSSESEFLEFSEFE
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.