AMEC PLC (AMEC) - Transaction in Own Shares
RNS Number : 9876N
04 October 2012
4 October 2012
Transaction in Own Shares
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.
Today the Company announces that it has purchased 200,000 of its ordinary
shares of 50p each at 1137.92 pence per share through Bank of America Merrill
Lynch, all of which are to be cancelled. This purchase equates to
approximately 0.06 per cent of AMEC's current issued share capital excluding
Treasury shares prior to this purchase.
The highest purchase price paid was 1154.00 pence per share and the lowest
purchase price paid was 1131.00 pence per share.
Following this change AMEC's total issued share capital is 317,187,449
ordinary shares, of which 6,349,195 are registered as Treasury Shares, leaving
a balance of 310,838,254 shares with voting rights.
Cumulative purchases to date under the buyback programme amount to
approximately £249.02 million.
Going forward, it is the Company's intention that the significant majority of
the shares purchased under this programme will be cancelled.
(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
POSFSIFMLFESEFS -0- Oct/04/2012 16:16 GMT
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