C&C Group PLC has announced the purchase of 137,898 of its ordinary shares on the London Stock Exchange from J&E Davy. The highest price paid per ordinary share was 146.40p, the lowest was 145.00p, and the volume-weighted average price paid per ordinary share was 145.86p. These shares will be cancelled as part of the company'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 393,188,693 ordinary shares in issue, excluding treasury shares. The buyback program was formally commenced on 1 March 2024 and is part of the company's strategy to return value to its shareholders.
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. The company secretary and general counsel, Mark Chilton, can be contacted for further information.
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and the number of shares purchased, along with the price per share and the time of transaction for each trade made by J&E Davy on behalf of C&C on the London Stock Exchange as part of the buyback program.