Smith & Nephew Plc Transaction in Own Shares (3834W)
July 31 2018 - 11:33AM
UK Regulatory
TIDMSN.
RNS Number : 3834W
Smith & Nephew Plc
31 July 2018
31 July 2018
Smith & Nephew plc (the "Company")
Transaction in Own Shares
The Company today purchased 215,575 of its Ordinary Shares of US
20c each through J.P. Morgan Securities plc, in accordance with the
authority granted by shareholders at the Company's Annual General
Meeting on 12 April 2018. These shares were issued in connection
with employee share schemes in Quarter 2 2018 and have been
purchased as part of a programme to reduce the Company's share
capital, in order to keep it broadly constant, as announced on 30
July 2018. Details of the relevant purchase transactions are set
out below:
Description of Shares: Smith & Nephew Ordinary Shares
of US 20c each
Number of Shares repurchased: 215,575
-------------------------------
Average price paid per Share: 1,334.0104p
-------------------------------
Highest price paid per Share: 1,357.0000p
-------------------------------
Lowest price paid per Share: 1,323.0000p
-------------------------------
Date of transaction: 31 July 2018
-------------------------------
Broker: J.P Morgan Securities plc
-------------------------------
The Company intends to hold these shares in Treasury and then
cancel them.
Following the purchase of these shares, the Company holds
14,348,142 of its shares in Treasury. The Company's issued share
capital, with one voting right per share consists of 874,350,493
Ordinary Shares of US20c each (excluding treasury shares). 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 Guidance and Transparency Rules.
These purchases were made by J.P Morgan Securities plc on behalf
of the Company and a full breakdown of the individual trades is
attached to this announcement.
http://www.rns-pdf.londonstockexchange.com/rns/3834W_1-2018-7-31.pdf
This announcement is made in accordance with the requirements of
LR 12.4.6 and Market Abuse Regulation 596/2014.
Victoria Burnett
Interim Deputy Company Secretary
Smith & Nephew plc
Tel: 01923 477410
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.
END
POSSDSFMFFASEDW
(END) Dow Jones Newswires
July 31, 2018 12:33 ET (16:33 GMT)
Smith & Nephew (LSE:SN.)
Historical Stock Chart
From Apr 2024 to May 2024
Smith & Nephew (LSE:SN.)
Historical Stock Chart
From May 2023 to May 2024