TRANSACTION IN OWN
SHARES
Tuesday 23rd July
2024
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 2 January 2024, and increased on 13 March
2024 (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 July 2024
|
|
Aggregate number of ordinary shares
of 50 pence each purchased:
|
105,001
|
|
Highest price paid per share
(GBp):
|
420.00
|
|
Lowest price paid per share
(GBp):
|
414.80
|
|
Volume weighted average price paid
per share (GBp):
|
418.5186
|
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
521,917,823 (excluding
treasury shares).
The Group has, under the Share
Buyback, repurchased 22,229,779
ordinary shares at a volume weighted average price
of 358.9155 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 521,917,823. 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 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
|
418.3898
|
82,800
|
416.00
|
420.00
|
|
Chi-X
(CXE)
|
419.0531
|
10,200
|
414.80
|
420.00
|
|
BATS
(BXE)
|
418.9050
|
7,001
|
414.80
|
419.80
|
|
Turquoise
|
419.0198
|
5,000
|
416.40
|
420.00
|
Investor and analyst enquiries:
Jim Ryan
Tel. +44 (0) 7858 368527
jim.ryan@balfourbeatty.com
Media enquiries:
Antonia Walton
Tel. +44 (0) 7966 929 633
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 114 years we have created iconic
buildings and infrastructure all over the world. Currently, we are
working to deliver Hinkley Point C, the first UK nuclear power
station in a generation; constructing the world-class arts and
cultural facility, the Lyric Theatre, in Hong Kong; and designing,
building, financing, operating and maintaining the Automated People
Mover superstructure at the fifth busiest airport in the world, Los
Angeles International Airport.
Legal Entity Identifier:
CT4UIJ3TUKGYYHMENQ17