AMEC PLC (AMEC) - Transaction in Own Shares
RNS Number : 5221N
28 September 2012
28 September 2012
Repurchase of shares in AMEC plc
On 21 February 2012, AMEC plc (the "Company") announced that it intended to
complete a £400 million share buyback programme within the next twelve months.
Further to the announcement on 17 August 2012 of its irrevocable,
non-discretionary share repurchase programme with Barclays Capital Securities
Limited, the Company announces that under the terms of that programme it has
today purchased for cancellation 65,801 ordinary shares of the Company at a
price of 1150.4724 pence per share. This purchase equates to approximately
0.02 per cent of AMEC's current issued share capital excluding Treasury shares
prior to this purchase.
Following this change AMEC's total issued share capital is 317,587,449
ordinary shares, of which 6,349,500 are registered as Treasury Shares, leaving
a balance of 311,237,949 shares with voting rights.
Cumulative purchases since 21 February 2012 amount to approximately £244.42
million. It is the Company's intention that the significant majority of the
shares purchased under the £400 million share buyback programme will be
+44 (0)20 7539 5800
Sue Scholes - Director of Communications
Nicola-Jane Brooks - Head of Investor Relations
AMEC (LSE: AMEC) is a focused supplier of consultancy, engineering and project
management services to its customers in the world's oil and gas, minerals and
metals, clean energy, environment and infrastructure markets. With annual
revenues of some £3.3 billion, AMEC designs, delivers and maintains strategic
and complex assets and employs over 29,000 people in around 40 countries
worldwide. See amec.com.
This information is provided by RNS
The company news service from the London Stock Exchange
POSSESFMAFESEEU -0- Sep/28/2012 16:20 GMT
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