AMEC PLC AMEC Transaction in Own Shares

  AMEC PLC (AMEC) - Transaction in Own Shares

RNS Number : 7948P
AMEC PLC
29 October 2012
 



 

 

 

 

 

 

AMEC plc

 

29 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 150,000  of its  ordinary 
shares of  50p each  at 1037.3670  pence  per share  through Bank  of  America 
Merrill Lynch, all  of which are  to be cancelled.   This purchase equates  to 
approximately 0.05 per cent of  AMEC's current issued share capital  excluding 
Treasury shares prior to this purchase.

 

The highest purchase  price paid was  1041.00 pence per  share and the  lowest 
purchase price paid was 1028.00 pence per share.

 

Following this  change  AMEC's  total  issued  share  capital  is  315,037,449 
ordinary shares, of which 7,345,126 are registered as Treasury Shares, leaving
a balance of 307,692,323 shares with voting rights.

 

Cumulative  purchases  to   date  under  the   buyback  programme  amount   to 
approximately £283.70 million.

 

Going forward, it is the Company's intention that the significant majority  of 
the shares purchased under this programme will be cancelled.

 

AMEC
plc                                                                                           
+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 
amec.com.

 

 

 

                     This information is provided by RNS
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POSFEAFWUFESEDS -0- Oct/29/2012 17:40 GMT