Burberry Group PLC has announced that it has purchased 437,961 of its ordinary shares from Morgan Stanley & Co International Plc 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 1,848.5000 pence, the lowest price paid per share was 1,814.0000 pence, and the average price paid per share was 1,832.7400 pence. Burberry intends to cancel the purchased shares.
Following this transaction, Burberry now holds 5,232,720 of its ordinary shares in treasury and has 367,630,303 ordinary shares in issue (excluding treasury shares). The total number of voting rights in the company will be 367,630,303. Since the share buyback program with Morgan Stanley & Co International Plc began, Burberry has repurchased a total of 2,151,491 ordinary shares at a weighted average price of 1,894.2000 pence per share.
Burberry Group PLC is listed on the London Stock Exchange and is a constituent of the FTSE 100 index. The company's trademarks include BURBERRY, the Equestrian Knight Device, the Burberry Check, and the Thomas Burberry Monogram and Print.