Compass Group PLC has disclosed the purchase of 65,696 of its ordinary shares on 12 July 2024. The shares were acquired in line with the authority granted by shareholders at the 2024 Annual General Meeting. The company's broker, J.P. Morgan Securities plc, facilitated the purchase. These shares will be held in treasury and are anticipated to be used for employee share schemes or other allocations to employees or directors.
The highest price paid per ordinary share was £21.9600, the lowest price paid was £21.7700, and the volume-weighted average price paid was £21.8376. This purchase is part of the company's market equivalent of $250 million share buyback, which is the second and final stage of the $500 million share buyback announced on 20 November 2023.
Following these purchases, Compass Group PLC holds 84,527,121 ordinary shares in treasury and has 1,700,876,856 ordinary shares in issue. This brings the total number of voting rights in the company to 1,700,876,856 ordinary shares. The detailed breakdown of individual trades made by J.P. Morgan Securities plc on behalf of the company as part of the share buyback is available for review.
This announcement does not constitute an offer or solicitation of an offer for securities in any jurisdiction. For further information, investors can contact Agatha Donnelly and Helen Javanshiri at +44 (0) 1932 573 000 or visit the company's website.