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Transaction in Own Shares

15th Mar 2006 17:28

15 March 2006Transaction in Own SharesPursuant to Resolution 13, passed at the AGM held on 27 April 2005, the Companywas authorised to buyback up to 17,028,751 ordinary shares. The Board ofDirectors announces that on 15 March 2006 the Company purchased, through HoareGovett ABN AMRO, 265,000 ordinary shares of 5p each at 483.88 per share. Thiswas subsequent to the Company's announcement in its Final Report of 14 March2006, in which the Directors stated that the Company would buyback shares up tothe value of ‚£5 million.The purchased shares will all be held as treasury shares. Following the abovefinal purchase, Countrywide plc now holds in total 2,713,652 treasury shares.The average price for these 1,027,000 purchased shares recently is 486.0435pper share. The total consideration for the shares purchased amounted to ‚£4,991,667.07. The programme for this buyback up to the value of ‚£5 million isnow complete.The issued share capital of the Company (excluding shares held as treasuryshares) now stands at 176,411,405.Director/Company SecretaryCountrywide plcENDCOUNTRYWIDE PLC

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CWD.L
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Value8,297.61
Change21.95