AMEC PLC AMEC Transaction in Own Shares

  AMEC PLC (AMEC) - Transaction in Own Shares

RNS Number : 0416R
AMEC PLC
13 November 2012
 



 

 

 

 

 

 

AMEC plc

 

13 November 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 153,000  of its  ordinary 
shares of 50p each at 1026.12 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  1032.00 pence per  share and the  lowest 
purchase price paid was 1019.00 pence per share.

 

Following this  change  AMEC's  total  issued  share  capital  is  313,002,449 
ordinary shares, of which 7,341,671 are registered as Treasury Shares, leaving
a balance of 305,660,778 shares with voting rights.

 

Cumulative  purchases  to   date  under  the   buyback  programme  amount   to 
approximately £305.36 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
           The company news service from the London Stock Exchange
 
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