Chemring Group PLC has announced the purchase of 97,964 of its ordinary shares of 1 pence each through Investec Bank plc. The shares were bought on 13th March 2024 at prices ranging from 344.0 pence to 347.5 pence per share, with a weighted average price of 346.4338 pence per share. The company intends to cancel the purchased shares.

The purchases were made as part of the buyback program announced by the company on 1st August 2023. The aggregate information shows that the volume-weighted average price was 346.4338 pence, with a total aggregated volume of 97,964 shares.

A detailed breakdown of the individual trades made by Investec on behalf of the company as part of the program is provided. The trades took place on 13th March 2024, with varying numbers of shares purchased at prices ranging from 344.0 pence to 347.5 pence per share on the XLON trading venue.

This announcement aligns with the company's strategy to optimize its capital structure and return value to shareholders.