Chemring Group PLC has announced the purchase of 44,355 of its ordinary shares of 1 pence each through Investec Bank plc. The shares were bought at a weighted average price of 349.1853 pence per share, with the lowest price at 347.5 pence and the highest at 350 pence. The company intends to cancel the purchased shares.

The detailed breakdown of the individual trades made by Investec on behalf of the Company as part of the Programme includes various transactions on 17th April 2024, with the number of shares purchased ranging from 22 to 5,187 and prices per share ranging from 347.5 to 350 pence. These transactions were carried out on the XLON trading venue.

This buyback program was initially announced by the Company on 1 August 2023. The aggregate information shows that the volume-weighted average price was 349.1853 pence, with a total of 44,355 shares purchased at prices ranging from 347.50 to 350.00 pence per share.

The Company's decision to repurchase its own shares indicates its confidence in the value of the shares and its commitment to enhancing shareholder value.