AMEC PLC AMEC Transaction in Own Shares

  AMEC PLC (AMEC) - Transaction in Own Shares

RNS Number : 0249Q
AMEC PLC
31 October 2012
 



 

 

 

 

 

 

AMEC plc

 

31October 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 160,000  of its  ordinary 
shares of 50p each at 1068.04 pence per share through Deutsche Bank AG, 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  1082.00 pence per  share and the  lowest 
purchase price paid was 1052.00 pence per share.

 

Following this  change  AMEC's  total  issued  share  capital  is  314,677,449 
ordinary shares, of which 7,345,126 are registered as Treasury Shares, leaving
a balance of 307,332,323 shares with voting rights.

 

Cumulative  purchases  to   date  under  the   buyback  programme  amount   to 
approximately £287.533 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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POSFDEFWFFESESS -0- Oct/31/2012 17:03 GMT