Smith & Nephew Plc Transaction in Own Shares (0168G)
May 23 2017 - 10:22AM
UK Regulatory
TIDMSN.
RNS Number : 0168G
Smith & Nephew Plc
23 May 2017
23 May 2017
Smith & Nephew plc (the "Company")
Transaction in Own Shares
The Company has today cancelled 12,253,988 of its Ordinary
Shares of US 20c each ("Shares") previously held in Treasury.
1,229,491 of these shares were issued in connection with employee
share schemes in Quarter 4 2016 and have been purchased as part of
a programme to keep the total issued share capital broadly
constant. 11,024,497 were purchased as part of the $300 million
buy-back programme, the purpose of which is to reduce the Company's
share capital, as announced on 8 August 2016.
Following the cancellation of these Shares the Company holds
16,870,774 of its shares in Treasury. The Company's issued share
capital, with one voting right per share consists of 874,963,149
Ordinary Shares of US20c each. This is the figure which should be
used by shareholders as the denominator when determining whether
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure and
Transparency Rules.
This announcement is made in accordance with the requirements of
LR 12.6.4.
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: 01923 477320
This information is provided by RNS
The company news service from the London Stock Exchange
END
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