C&C Group PLC has announced the purchase of 193,190 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 159.80p, the lowest was 157.40p, and the volume-weighted average price paid per ordinary share was 158.55p. These shares will be canceled 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.
Following the settlement of these transactions and the subsequent share cancellation, C&C will have 387,337,294 ordinary shares in issue, excluding treasury shares. The buyback program was announced on 21 February 2024 and formally commenced on 1 March 2024.
The company has provided detailed information on 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, reachable 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 and price per share at different times of the transaction on the London Stock Exchange is included in the announcement.