Business
Transaction in Own Shares & End of Share Buyback
Transaction in Own Shares & End of Share Buyback.
About this update from Taylor Wimpey Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 27 June 2022\n \n \n \n Taylor Wimpey plc\n \n \n Transaction in Own Shares and Completion of Share Buyback Programme\n \n \n \n \n \n Taylor Wimpey plc (the \"Company\") announces today it has purchased the following number of its ordinary shares of 1 pence each through\n Credit Suisse International\n on the London Stock Exchange in accordance with the general authority granted to repurchase shares as granted by shareholders at the Company's Annual General Meeting on 26 April 2022 (the \"Purchase\"). The Purchase was effected as part of its £150,000,000 share buyback programme announced on 3 March 2022.\n \n \n \n \n \n \n Date of purchase:\n \n \n \n \n 24 June 2022\n \n \n \n \n \n \n Number of ordinary shares purchased:\n \n \n \n \n 880,567\n \n \n \n \n \n \n Lowest price paid per share:\n \n \n \n \n 116.05 pence\n \n \n \n \n \n \n Highest price paid per share:\n \n \n \n \n 119.05 pence\n \n \n \n \n \n \n Average price paid per share: \n \n \n \n \n 118.06 pence\n \n \n \n \n \n \n Venue:\n \n \n \n \n London Stock Exchange\n \n \n \n \n \n \n The Company intends to cancel the purchased shares.\n \n \n Following the above transaction, the Company holds 25,000,000 of its ordinary shares in treasury and has 3,531,985,103 shares in issue (excluding treasury shares).\n \n \n \n \n \n \n \n Accordingly, the total number of voting rights in the Company will be 3,531,985,103 and this figure may be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under FCA's Disclosure Guidance and Transparency Rules.\n \n \n These purchases are the last purchases to be made under the second £75,000,000 tranche (the \"Second Tranche\") of the £150,000,000 share buyback programme announced on 3 March 2022, and accordingly, the Second Tranche of the programme has been completed in accordance with its terms. Under the Second Tranche, the Company repurchased 60,707,022 shares of 1 pence each at an average price of 123.54 pence per share.\n \n \n This concludes the Company's share buyback programme announced on 3 March 2022. In total, under the share buyback programme the Company has repurchased 116,942,362 shares of 1 pence each at an average price of 128.27 penc...