BAE Systems PLC has announced the purchase of its ordinary shares as part of its share repurchase program. The company bought 149,427 ordinary shares from Morgan Stanley & Co. International plc on 25 June 2024. The highest price paid per share was 1,350.50p, the lowest was 1,329.00p, and the volume-weighted average price paid per share was 1,336.00p. The company intends to cancel the purchased shares.

Since 1 June 2023, BAE Systems PLC has purchased 40,236,544 shares at a cost of £460,687,369.94 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 London Stock Exchange'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 announcement 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 transaction reflects the company's commitment to its share repurchase program and its strategy to manage its capital structure efficiently.