C&C Group PLC has announced the purchase of 75,000 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 161.40p, the lowest price paid per ordinary share was 161.00p, and the volume-weighted average price paid per ordinary share was 161.16p. 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 386,405,194 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. Mark Chilton, the Company Secretary and General Counsel, can be contacted for further information.
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. The intermediary involved in the transactions is J&E Davy, with the intermediary code DAVYIE21. The time zone for the transactions is GMT, and the currency is GBp.
The detailed breakdown of 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 is scheduled to this announcement.