Compass Group PLC has disclosed the acquisition of 80,000 of its ordinary shares on 3 May 2024. The shares were bought through the Company's broker, BNP Paribas Financial Markets, and will be held in treasury for potential use in employee share schemes or other allocations. The purchases were made across various venues, with the highest price paid per ordinary share ranging from £22.1000 to £22.3900. These transactions 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.
Following these purchases, the Company now holds 82,925,788 Ordinary Shares in treasury, with 1,702,478,189 Ordinary Shares in issue. This total number of voting rights may be used by shareholders for interest notification calculations under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. 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 for review.
This announcement does not constitute an offer for securities in any jurisdiction. For further information, investors and press can contact Agatha Donnelly & Helen Javanshiri at +44 (0) 1932 573 000 or visit the company's website.