Compass Group PLC has announced that it purchased 500,000 of its ordinary shares on November 13, 2023, in accordance with the authority granted by shareholders at its 2023 Annual General Meeting. The purchased shares will be held in treasury and are expected to be used for employee share schemes or other allocations to employees or directors. The shares were purchased through the company's broker, Barclays Capital Securities Limited, at various venues including Aquis Exchange, CBOE BXE, CBOE CXE, London Stock Exchange, and Turquoise. The highest price paid per share was 21.0800 pence, while the lowest price paid was 20.8600 pence. The volume-weighted average price paid per share was 20.9914 pence.
These purchases are part of the company's share buyback program announced on May 10, 2023. Following the recent purchases, Compass Group holds 76,243,865 ordinary shares in treasury and has 1,709,160,112 ordinary shares in issue. The total number of voting rights in the company is 1,709,160,112 ordinary shares.
The detailed breakdown of individual trades made by Barclays Capital Securities Limited on behalf of Compass Group as part of the share buyback program is available in the provided link. The announcement states that it does not constitute an offer or solicitation of an offer for securities in any jurisdiction.
For investor inquiries, Agatha Donnelly and Helen Javanshiri can be contacted at +44 (0) 1932 573 000. Press inquiries can be directed to Giles Robinson at +44 (0) 1932 963 486. The company's website is provided by Euroland.com, and a link to their privacy policy is included.