Chemring Group PLC has announced the purchase of 96,766 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 346.0 pence, the highest was 350.0 pence, and the weighted average price per day was 347.9199 pence. The company intends to cancel the purchased shares.

The detailed information about the purchases made as part of the buyback program includes the volume-weighted average price, aggregated volume, lowest and highest price per share, and individual transactions made by Investec on behalf of the company. The transactions were made on 14th March 2024, with varying numbers of shares purchased at different prices per share.

The company's announcement is in line with the buyback program announced on 1st August 2023. The purchases were made in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law. The company's decision to repurchase its own shares indicates its confidence in its financial position and long-term growth prospects.