Chemring Group PLC has announced that it has purchased 48,254 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 315.5 pence and the highest price per share was 320.0 pence, with a weighted average price per day of 318.0634 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 318.0634 pence, with a total volume of 48,254 shares. The lowest price per share was 315.50 pence and the highest price per share was 320.00 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 took place on November 24, 2023, with varying numbers of shares purchased at different prices. The trading venue was XLON. The transaction reference numbers for each trade are also provided.

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.