Harbour Energy PLC has announced that it has purchased a number of its ordinary shares for cancellation. The shares were purchased on various dates and at different prices. The highest price paid was GBP 248.1, while the lowest price paid was GBP 244.6. The volume-weighted average price paid per share was GBP 246.5. The purchases were made on different venues, including XLON, AQXE, BATE, CHIX, and TRQX.
These share purchases are part of Harbour's share buy-back program, which was announced in the company's Full Year Results on March 9, 2023. The buy-back program is in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014. Jefferies made the purchases on behalf of the company as part of the buy-back program.
In total, Harbour has purchased 59,701,320 ordinary shares for cancellation as part of the buyback program. The company has been actively repurchasing its shares in order to reduce its share capital and return value to shareholders.
For further information, interested parties can contact Rachel Rickard, the Company Secretary, at 020 7730 1111, or Elizabeth Brooks, the Head of Investor Relations.
Overall, Harbour Energy PLC has been actively buying back its shares as part of its share buy-back program, with the aim of reducing its share capital and returning value to shareholders.