Chemring Group PLC has announced that it has purchased 67,664 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 278.5 pence and the highest price per share was 283 pence, with a weighted average price per day of 279.4251 pence. The company intends to cancel the purchased shares. This purchase is part of the buyback program announced by the company on August 1, 2023. The aggregate information shows that the volume-weighted average price was 279.4251 pence, with a total volume of 67,664 shares. The lowest price per share was 278.50 pence and the highest price per share was 283.00 pence.

The schedule of purchases provides a breakdown of the individual trades made by Investec on behalf of the company as part of the buyback program. The trades were made on September 19, 2023, at various times throughout the day. The number of shares purchased ranged from 51 to 3,106, and the prices per share ranged from 279.00 pence to 283.00 pence. The trading venue for all the transactions was XLON.

Overall, Chemring Group PLC has purchased a significant number of its own shares as part of its buyback program. The company intends to cancel these shares, which will reduce the total number of outstanding shares and potentially increase the value of the remaining shares.