BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. The company bought 168,478 ordinary shares from Morgan Stanley & Co. International plc on 16 January 2024. The highest price paid per share was 1,187.00p, the lowest was 1,176.00p, and the volume-weighted average price paid per share was 1,183.87p. The purchased shares are intended to be canceled.

Since 1 June 2023, BAE Systems plc has purchased 23,176,885 shares at a cost of £238,064,849.45 as part of the third tranche of the Buyback Programme. A full breakdown of the individual trades made by Morgan Stanley & Co. International plc on behalf of the Company is available on the company's website.

The announcement emphasizes that it does not constitute an offer or solicitation of an offer for securities in any jurisdiction. The details of the transaction will be available on the Company's website. For further information, investors can contact Martin Cooper, Investor Relations Director, and for media inquiries, Kristina Anderson, Director of Media Relations.

This announcement provides insight into BAE Systems plc's recent share repurchase activities, offering transparency and clarity to investors and the public.