Business
Transaction in Own Shares
Transaction in Own Shares.
About this update from Severn Trent Plc
[{"type":"text","content":"\n \nRNS Number : 4589M Severn Trent PLC 20 January 2016 \n\n \nSEVERN TRENT PLC\n \nTRANSACTION IN OWN SECURITIES\n \n \n \nSevern Trent Plc (\"Severn Trent\") announces today that it has purchased the following number of its ordinary shares of 97 17/19 pence each (\"Ordinary Shares\") on the London Stock Exchange from Morgan Stanley & Co. International PLC. Such purchase was effected pursuant to irrevocable instructions issued by Severn Trent to Morgan Stanley & Co. International PLC on 30 November 2015, as announced on the same day:\n \nOrdinary Shares\n \nDate of purchase: 19 January 2016\n \nNumber of Ordinary Shares purchased: 35,118\n \nPrice per Ordinary Share: £21.1057\n \nThe purchased shares will be held as treasury shares.\n \nFollowing the above transaction, Severn Trent holds a total of 4,136,921 of its ordinary shares in treasury and has 235,205,960 ordinary shares in issue (excluding treasury shares).\n \nFurther to the announcement made on 30 November 2015, the irrevocable purchase programme entered into with Morgan Stanley & Co. International PLC (the \"Programme\") has been completed today in accordance with its terms. As at today's date, a total of £19,938,055 of shares have been repurchased under the Programme, bringing the total amount of shares repurchased by the Company since its announcement on 13 February 2015 to...