TRANSACTION IN OWN
SHARES
Wednesday 24th April
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 Numis Securities
Limited.
Date of purchase:
|
23 April 2024
|
Aggregate number of ordinary shares
of 50 pence each purchased:
|
168,521
|
Highest price paid per share
(GBp):
|
365.20
|
Lowest price paid per share
(GBp):
|
361.20
|
Volume weighted average price paid
per share (GBp):
|
363.1634
|
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
531,544,563 (excluding
treasury shares).
The Group has, under the Share
Buyback, repurchased 12,603,039
ordinary shares at a volume weighted average price
of 347.7949 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 531,544,563. 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 Numis
Securities Limited 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
|
363.1208
|
89,521
|
361.20
|
365.20
|
Turquoise
|
363.2997
|
6,000
|
362.20
|
364.60
|
Chi-X
(CXE)
|
363.0475
|
20,000
|
361.80
|
365.00
|
BATS
(BXE)
|
363.2635
|
53,000
|
361.80
|
365.20
|
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