C&C Group PLC has announced the completion of its Buyback Programme, which involved the purchase and subsequent cancellation of a specific number of its ordinary shares. On June 26, 2024, the company bought 76,721 ordinary shares at prices ranging from 162.00p to 163.00p per share on the London Stock Exchange. The volume-weighted average price paid per ordinary share was 162.52p.
The Buyback Programme, with a total value of up to €15 million, was initiated on February 21, 2024, and officially commenced on March 1, 2024. Following the recent transactions and the subsequent share cancellation, C&C will have 386,253,473 ordinary shares in issue, excluding treasury shares.
The company's Company Secretary and General Counsel, Mark Chilton, provided contact information for any inquiries related to the announcement. Additionally, detailed information on individual trades made by J&E Davy as riskless principal on behalf of C&C on the London Stock Exchange as part of the Buyback Programme is scheduled to be released in accordance with the Market Abuse Regulation.
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. It also lists the number of shares, price per share, trading venue, time of transaction, and MatchID for specific transactions on the London Stock Exchange.
This announcement signifies the successful completion of C&C Group PLC's Buyback Programme, demonstrating the company's commitment to its capital management strategy and returning value to its shareholders.