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Transaction in Own Shares

31st Jan 2005 17:13

Mitchells & Butlers PLC31 January 2005 Mitchells & Butlers plc announces that on 31 January 2005 it purchased 250,000of its ordinary shares at a price of 323.9727 pence per ordinary share. 125,000of these shares will be held as treasury shares and 125,000 shares will becancelled. The total number of Mitchells & Butlers shares in issue (after cancellation of125,000 shares and excluding treasury shares) is 519,545,676. Following theabove purchase, Mitchells & Butlers plc holds 2,093,364 ordinary shares astreasury shares. It is intended that the shares held as treasury shares will be used to meetobligations of Mitchells & Butlers under employee share option schemes. This information is provided by RNS The company news service from the London Stock Exchange

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Mitchells & Butlers
FTSE 100 Latest
Value8,718.75
Change-40.24