Chemring Group PLC has announced that it has purchased 158,005 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 310.0 pence and the highest price per share was 316.5 pence, with a weighted average price per day of 312.4856 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 312.4856 pence, with a total volume of 158,005 shares. The lowest price per share was 310.00 pence and the highest price per share was 316.50 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 November 23, 2023, at various times throughout the day. The number of shares purchased ranged from 25,000 to 80, with prices per share ranging from 310.00 pence to 313.50 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.