Chemring Group PLC has announced that it has purchased 139,322 of its ordinary shares of 1 pence each through Investec Bank plc. The shares were purchased on 1st November 2023 at a price range of 280.0 pence to 288.5 pence per share, with a weighted average price of 283.4564 pence per share. The company intends to cancel the purchased shares.

This purchase is part of the buyback program that was announced by the company on 1st August 2023. The aggregate information of the purchases made as part of the program is as follows: the volume-weighted average price was 283.4564 pence, with a total volume of 139,322 shares. The lowest price per share was 280.0 pence, and the highest price per share was 288.5 pence.

A schedule of individual transactions made by Investec on behalf of the company as part of the program is also provided. The transactions include the date and time of each trade, the number of shares purchased, the price per share, the trading venue, and the transaction reference number.

No further information or details about the purpose of the share buyback program or the reasons behind the company's decision to cancel the purchased shares are provided in the news release.