BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. The company bought 157,203 ordinary shares from Morgan Stanley & Co. International plc on 2nd July 2024. The highest price paid per share was 1,275.00p, the lowest was 1,265.00p, and the volume-weighted average price paid per share was 1,270.14p. The company intends to cancel the purchased shares.

Regarding the Third Tranche, since 1st June 2023, BAE Systems plc has purchased 40,997,939 shares at a cost (including dealing and associated costs) of £470,720,873.81. A full breakdown of the individual trades made by Morgan Stanley & Co. International plc on behalf of the Company as part of the share repurchase program 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 full announcement is 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 transaction reflects the company's strategic financial management and commitment to delivering value to its shareholders.