Burberry Group PLC has announced that it has purchased 163,410 of its ordinary shares from Merrill Lynch International on the London Stock Exchange and Multilateral Trading Facilities. The purchase was made in accordance with the authority granted by shareholders at the company's Annual General Meeting. The highest price paid per share was 2,256.0000 pence, the lowest price paid per share was 2,225.0000 pence, and the average price paid per share was 2,237.6410 pence. Burberry intends to cancel the purchased shares.
Following this transaction, Burberry holds 5,232,720 of its ordinary shares in treasury and has 373,777,088 ordinary shares in issue (excluding treasury shares). The total number of voting rights in the company will be 373,777,088. Since the share buyback program began, Burberry has repurchased 5,266,811 ordinary shares at an average price of 2,158.5238 pence per share.