BAE SYSTEMS PLC Transaction in Own Shares (1667O)

TIDMBA.

RNS Number : 1667O

BAE SYSTEMS PLC

27 January 2023

BAE Systems plc

TRANSACTION IN OWN SHARES

BAE Systems plc (the " Company ") announces that, in accordance with the terms of its share repurchase programme announced on 28 July 2022 (the " Buyback Programme ") and following the announcement on 17 November 2022 in relation to the initiation of the second tranche of the Buyback Programme (the " Second Tranche "), the Company purchased the following number of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc.

 
 Date of purchase:               27 January 2023 
 Number of ordinary shares 
  purchased:                     927,617 
                                ---------------- 
 Highest price paid per share 
  (p):                           860.80 
                                ---------------- 
 Lowest price paid per share 
  (p):                           848.00 
                                ---------------- 
 Volume weighted average 
  price paid per share (p):      853.71 
                                ---------------- 
 

The Company intends to cancel the purchased shares.

In relation to the Second Tranche, since 17 November 2022, BAE Systems plc has purchased 31,543,354 shares at a cost (including dealing and associated costs) of GBP262,135,672.13.

A full breakdown of the individual trades made by Morgan Stanley & Co. International plc on behalf of the Company as part of the share repurchase programme is attached to this document.

http://www.rns-pdf.londonstockexchange.com/rns/1667O_1-2023-1-27.pdf

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

This announcement will also be available on the Company's website at: https://investors.baesystems.com/regulatory-news

For further information, please contact:

 
 Investors                          Media 
 Martin Cooper,                     Kristina Anderson, 
  Investor Relations Director        Director, Media Relations 
  Telephone: [phone]      Telephone: [phone] 
  Email: [e-mail]    Email: [e-mail] 
 

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January 27, 2023 12:45 ET (17:45 GMT)