Burberry Group PLC has announced that it has purchased 165,814 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 2,266.0000 pence, the lowest price paid per share was 2,244.0000 pence, and the average price paid per share was 2,254.2234 pence. Burberry intends to cancel the purchased shares.
Following this transaction, Burberry holds 5,232,720 of its ordinary shares in treasury and has 373,939,267 ordinary shares in issue (excluding treasury shares). The total number of voting rights in the company will be 373,939,267. Since the share buyback program began, Burberry has repurchased 5,103,401 ordinary shares at a weighted average price of 2,155.9905 pence per share.