C&C Group plc has disclosed 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 171.00p, the lowest was 170.20p, and the volume-weighted average price paid per ordinary share was 170.40p. 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.
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 387,701,491 ordinary shares in issue, excluding treasury shares.
The company also 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 person for this announcement is Mark Chilton, the Company Secretary, and General Counsel.
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. Additionally, it includes the number of shares, price per share, trading venue, time of transaction, and MatchID for the two transactions.