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SN. Smith & Nephew Plc

980.80
-2.60 (-0.26%)
Last Updated: 12:49:59
Delayed by 15 minutes
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
  -2.60 -0.26% 980.80 980.20 980.60 987.40 974.00 982.60 524,081 12:49:59
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ortho,prosth,surg Appl,suply 5.55B 263M 0.3011 32.63 8.58B

Smith & Nephew Plc Transaction in Own Shares (5730E)

12/02/2018 9:15am

UK Regulatory


Smith & Nephew (LSE:SN.)
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TIDMSN.

RNS Number : 5730E

Smith & Nephew Plc

12 February 2018

12 February 2018

Smith & Nephew plc (the "Company")

Commencement of Quarterly Buy Back Programme

The Company will now commence its Quarterly Buy Back programme of 557,240 of its Ordinary shares of US 20c each through J.P. Morgan Securities plc (the "Buy Back Programme").

The Company intends to hold these shares in Treasury and then cancel them.

These shares were used in connection with employee share schemes in Quarter 4 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 GBP10,000,000 and the maximum number of shares that will be purchased under the Buy Back Programme is 557,240. The Buy Back Programme will commence on 13 February 2018 and will end no later than 16 February 2018.

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

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(END) Dow Jones Newswires

February 12, 2018 04:15 ET (09:15 GMT)

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