TRANSACTION IN OWN
SHARES
Wednesday 22nd
January 2025
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 6 January 2025 (the "Share Buyback"), the
Group purchased the following number of its ordinary shares
of 50 pence each through Numis Securities
Limited.
Date of purchase:
|
21st January
2025
|
Aggregate number of ordinary shares
of 50 pence each purchased:
|
115,000
|
Highest price paid per share
(GBp):
|
444.20
|
Lowest price paid per share
(GBp):
|
439.20
|
Volume weighted average price paid
per share (GBp):
|
441.8837
|
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
515,674,027 (excluding
treasury shares).
The Group has, under the Share
Buyback, repurchased 1,349,793ordinary shares at a volume
weighted average price of 438.3413
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 515,674,027.
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
|
441.6161
|
65,000
|
439.20
|
444.20
|
Turquoise
|
442.3652
|
1,000
|
439.40
|
443.60
|
Chi-X
(CXE)
|
442.1847
|
14,000
|
439.40
|
444.20
|
BATS
(BXE)
|
442.2464
|
35,000
|
439.40
|
444.20
|
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