6th May 2016 10:21
LONDON (Alliance News) - Defence contractor BAE Systems PLC Friday said General Counsel Philip Bramwell bought 23,000 shares at a price of 479.20 pence per share Thursday.
Bramwell's total shareholding was undisclosed.
BAE Systems on Wednesday said trading so far in 2016 has been in line with its expectations. The group said its outlook for 2016 remains unchanged, with underlying earnings per share anticipated to rise by between 5% and 10% against the adjusted 36.6 pence posted for 2015. The underlying result for 2015 of 40.2p was adjusted for a 4.3p tax provision release and 0.7p currency benefit.
The stock was up 0.3% at 482.00p Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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