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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Smith & Nephew Plc | LSE:SN. | London | Ordinary Share | GB0009223206 | ORD USD0.20 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.80 | -0.19% | 960.20 | 960.00 | 960.20 | 968.00 | 948.40 | 954.80 | 2,567,633 | 16:35:25 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Ortho,prosth,surg Appl,suply | 5.55B | 263M | 0.3011 | 31.88 | 8.38B |
From Apr 2019 to Apr 2024
TIDMSN.
RNS Number : 1602F
Smith & Nephew Plc
15 May 2017
15 May 2017
Smith & Nephew plc (the "Company")
Commencement of Quarterly Buy Back Programme
The Company will commence its Quarterly Buy Back programme of 959,746 of its Ordinary shares of US 20c each through Merrill Lynch International (the "Buy Back Programme") this week.
The Company intends to hold these shares in Treasury and subsequently cancel them.
These shares were used in connection with employee share schemes in Quarter 1 2017 and will be purchased at the prevailing market price.
The purpose of this Buy Back programme is to reduce the share capital of the Company, in order to keep it broadly constant. The maximum pecuniary amount allocated to the Buy Back Programme is GBP 14,000,000 and the maximum number of shares that will be purchased under the Buy Back Programme is 959,746. The Buy Back Programme will commence on 18 May 2017 and will end no later than 24 May 2017.
This announcement is made in accordance with the Market Abuse Regulation 596/2014.
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: 01923 477410
This information is provided by RNS
The company news service from the London Stock Exchange
END
POSSFDFEIFWSEII
(END) Dow Jones Newswires
May 15, 2017 08:54 ET (12:54 GMT)
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