C&C Group PLC has announced the purchase of its own ordinary shares on the London Stock Exchange from J&E Davy. The company bought 138,081 ordinary shares at prices ranging from 145.80p to 146.00p, with a volume-weighted average price of 145.83p. 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 formally commenced on 1 March 2024 and is in line with the company's strategy to return value to shareholders. Following the settlement of these transactions and the subsequent share cancellation, C&C will have 393,326,591 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. This transparency aligns with regulatory requirements and demonstrates the company's commitment to compliance.
For further information, the company secretary and general counsel, Mark Chilton, can be contacted via email at [email protected]. The company's LEI is 635400LNUHA2LDXXV850, and the ISIN is IE00B010DT83. J&E Davy acted as the intermediary for these transactions, with the intermediary code DAVYIE21.
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. The specific details of the transactions, including the number of shares, price per share, trading venue, time of transaction, and MatchID, have also been disclosed.