Chemring Group PLC has announced that it has purchased 180,906 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 292.0 pence and the highest price per share was 296.0 pence, with a weighted average price per day of 293.8309 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 293.8309 pence, with a total volume of 180,906 shares. The lowest price per share was 292.00 pence and the highest price per share was 296.00 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 were made on November 3, 2023, at various times throughout the day. The number of shares purchased ranged from 45 to 10,000, and the prices per share ranged from 292.50 pence to 294.00 pence. The trading venue for all the transactions was XLON.

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.