BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. The company acquired 146,454 ordinary shares from Morgan Stanley & Co. International plc on 22 March 2024. The highest price paid per share was 1,368.50p, the lowest was 1,351.50p, and the volume-weighted average price paid per share was 1,362.10p. The company intends to cancel the purchased shares.

Since 1 June 2023, BAE Systems plc has purchased 30,936,347 shares at a cost of £334,281,053.42 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 in the attached document.

It's important to note that this announcement does not constitute an offer or solicitation of an offer for securities in any jurisdiction. The announcement is available on the Company's website for further reference. For additional information, investors can contact Martin Cooper, Investor Relations Director, and for media inquiries, Kristina Anderson, Director of Media Relations.