Compass Group PLC has announced that it purchased 500,000 of its ordinary shares on October 25, 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 20.5200 GBP, while the lowest price paid was 20.3100 GBP, with a volume-weighted average price of 20.4271 GBP.
This share purchase is part of the company's share buyback program announced on May 10, 2023. Following the recent purchases, Compass Group holds 73,314,552 ordinary shares in treasury and has 1,712,089,425 ordinary shares in issue. The total number of voting rights in the company is now 1,712,089,425 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 also states that it 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, while press inquiries can be directed to Giles Robinson. The company's website is also provided for additional information.