22nd Jun 2026 08:31
BAE Systems PLC- London-based defence contractor - Commences the third tranche, worth up to GBP500 million, of its up to GBPBP1.5 billion, three-year buyback scheme announced back in August 2023. Says JP Morgan Securities PLC will carry out share repurchases on its behalf, with the tranche expected to complete by June 30 next year. Notes the purpose of the programme is to reduce its share capital, with shares repurchased to be cancelled.
Current stock price: 1,823.50 pence, down 1.3% on Monday morning in London
12-month change: down 3.0%
By Christopher Ward, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
BAE Systems