C&C Group plc has announced the purchase of 100,000 of its ordinary shares of €0.01 each on the London Stock Exchange from J&E Davy. The highest price paid per ordinary share was 164.60p, the lowest was 164.00p, and the volume-weighted average price paid per ordinary share was 164.27p. These shares will be cancelled as part of C&C's intention to buy back ordinary shares of a total value of up to €15 million in the period up to 30 June 2024.
The buyback program was announced on 21 February 2024 and formally commenced on 1 March 2024. Following the settlement of these transactions and the subsequent share cancellation, C&C will have 391,663,912 ordinary shares in issue, excluding treasury shares.
The company has provided detailed information on the individual trades made by J&E Davy as a riskless principal on behalf of C&C on the London Stock Exchange as part of the buyback program for subsequent repurchase by the company. The contact for further information is Mark Chilton, Company Secretary and General Counsel, at [email protected].
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. Additionally, a breakdown of the number of shares, price per share, trading venue, time of transaction, and MatchID is included in the announcement.