BAE Systems plc has completed its share repurchase programme, as announced on 28 July 2022, and the third tranche of the programme, as announced on 1 June 2023. The company purchased 157,772 of its ordinary shares from Morgan Stanley & Co. International plc on 24 July 2024. The highest price paid per share was 1,281.00p, the lowest was 1,256.50p, and the volume-weighted average price paid per share was 1,270.58p. The purchased shares will be canceled.

The third tranche has completed, along with the entire buyback programme. Since the commencement of the third tranche, the company has repurchased and canceled 43,501,927 ordinary shares at a volume-weighted average price of 1,149.37p per ordinary share, totaling approximately £500 million.

The announcement emphasizes that it does not constitute an offer or solicitation of an offer for securities in any jurisdiction. The full breakdown of the individual trades made by Morgan Stanley & Co. International plc on behalf of the company as part of the share repurchase programme is available on the company's website.

For further information, investors can contact Martin Cooper, Investor Relations Director, at +44 (0)1252 383455 or via email at [email protected]. Media inquiries can be directed to Kristina Anderson, Director of Media Relations, at +44 (0) 7540 628673.