COMPASS GROUP PLC has announced the purchase of 124,449 of its ordinary shares of 11 1/20 pence each. The shares were bought through the Company's broker, BNP Paribas Financial Markets, and will be held in treasury. The purchases are part of the Company's market equivalent of $250 million share buyback announced on 4 December 2023, which is the initial stage of the Company's $500 million share buyback announced on 20 November 2023 to be completed in 2024 subject to M&A activity.
The breakdown of the purchases includes 16,204 shares from CBOE BXE, 19,245 shares from CBOE CXE, 80,214 shares from the London Stock Exchange, and 8,786 shares from Turquoise. The highest price paid per ordinary share ranged from £21.5500 to £21.5600, and the lowest price paid per ordinary share ranged from £21.3600 to £21.3800.
Following the purchases, the Company holds 77,885,636 Ordinary Shares in treasury and has 1,707,518,341 Ordinary Shares in issue. The total number of voting rights in the Company is 1,707,518,341 Ordinary Shares. The detailed breakdown of individual trades made by BNP Paribas Financial Markets on behalf of the Company as part of the share buyback program is available in the provided link.
This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. For further information, investors can contact Agatha Donnelly & Helen Javanshiri at +44 (0) 1932 573 000, and for press inquiries, Giles Robinson at +44 (0) 1932 963 486. More information can be found on the company's website.