Chemring Group PLC has announced the purchase of 119,751 of its ordinary shares of 1 pence each through Investec Bank plc. The lowest price per share was 343.5 pence, the highest was 350.0 pence, and the weighted average price per day was 347.2474 pence. The company intends to cancel the purchased shares. This buyback program was announced by the company on 1 August 2023.

The detailed breakdown of the individual trades made by Investec on behalf of the company as part of the program includes the date and time of each trade, the number of shares purchased, the price per share in pence, the trading venue, and the transaction reference number. The purchases were made on 27th February 2024, with various quantities of shares being bought at prices ranging from 344.5 pence to 350.0 pence.

This announcement provides transparency into Chemring's buyback program, demonstrating the company's commitment to returning value to its shareholders. The purchase of its own shares and the subsequent cancellation align with the company's strategic financial objectives.