Chemring Group PLC has announced the purchase of 142,736 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 348.0 pence, the highest was 350.0 pence, and the weighted average price per day was 349.6296 pence. The company intends to cancel the purchased shares. This is part of the buyback program announced by the company on 1 August 2023.

The detailed breakdown of individual trades made by Investec on behalf of the company as part of the program includes the date and time of each trade, the number of shares purchased, the price per share in pence, the trading venue, and the transaction reference number. The trades were executed on 3rd January 2024, with a significant volume of shares being purchased at prices ranging from 349.00 to 350.00 pence per share.

This announcement provides transparency regarding the company's buyback program and the specific details of the recent share purchases. It reflects Chemring's commitment to its shareholders and its strategy to manage its capital structure effectively.