AMEC PLC (AMEC) - Transaction in Own Shares
RNS Number : 6939P
26 October 2012
26 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 1028.5082 pence per share through Bank of America
Merrill Lynch. All of these shares will be held as Treasury shares and
utilised, as normal practice, to satisfy the obligations of the Company's
Savings Related Share Option Schemes. 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 1035.00 pence per share and the lowest
purchase price paid was 1014.00 pence per share.
Following this change AMEC's total issued share capital is 315,187,449
ordinary shares, of which 7,346,420 are registered as Treasury Shares, leaving
a balance of 307,841,029 shares with voting rights.
Cumulative purchases to date under the buyback programme amount to
approximately £282.13 million.
Going forward, it is the Company's intention that the significant majority of
the shares purchased under this programme will be cancelled.
+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, mining, 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
This information is provided by RNS
The company news service from the London Stock Exchange
POSFELFMMFESEFS -0- Oct/26/2012 16:16 GMT
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