Chemring Group PLC has announced that it has purchased 61,811 of its ordinary shares of 1 pence each through Investec Bank plc. The shares were purchased on 21st September 2023 at a price range of 279 pence to 285.5 pence per share, with a weighted average price of 282.8926 pence per share. The company intends to cancel the purchased shares.

This purchase is part of the buyback program announced by Chemring on 1st August 2023. The aggregate information of the purchases made as part of the program is as follows: the volume-weighted average price was 282.8926 pence, with a total volume of 61,811 shares. The lowest price per share was 279 pence, and the highest price per share was 285.5 pence.

A schedule of individual transactions made by Investec on behalf of the company as part of the program is also provided. The transactions include the date and time of each trade, the number of shares purchased, the price per share, the trading venue, and the transaction reference number.

No further information or details about the purpose of the share buyback program or the impact on the company's financial position or strategy are provided in the news release.