Chemring Group PLC has announced the purchase of 67,693 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 347.5 pence, the highest price per share was 350.0 pence, and the weighted average price per day was 348.4652 pence. The company intends to cancel the purchased shares.

The purchases were made as part of the buyback program announced by the company on 1 August 2023. The aggregate information shows that the volume-weighted average price was 348.4652 pence, with a total aggregated volume of 67,693 shares. The lowest price per share was 347.50 pence, and the highest price per share was 350.00 pence.

A detailed breakdown of the individual trades made by Investec on behalf of the company as part of the program was provided. The trades took place on 1st February 2024, with varying numbers of shares purchased at prices ranging from 348.00 pence to 350.00 pence per share on the XLON trading venue.

This announcement provides insight into Chemring Group PLC's recent activity in purchasing its own shares, as part of its buyback program, and its intention to cancel the purchased shares.