BAE Systems plc

BA.

GB0002634946

Aerospace & Defense

Real-time Estimate Cboe Europe Other stock markets 07:49:48 2024-04-25 am EDT			5-day change	1st Jan Change
1,307 ^GBX	-4.16%		+1.55%	+17.69%

Apr. 24	BAE Systems: working on a hybrid engine with Cummins	CF
Apr. 24	BAE Systems to Collaborate with Cummins on 2027 and Beyond Hybrid Drivetrain for Transit Bus Industry	CI

BAE Systems announces third tranche of share buyback programme

June 01, 2023 at 06:12 am EDT

(Alliance News) - BAE Systems PLC on Thursday launched the third tranche of a share buyback programme it first announced in July last year.

The whole programme is worth up to GBP1.5 billion, consisting of three tranches of GBP500 million each. The first tranche was completed in November last year, the second was completed in mid-May this year.

The London-based defence contractor said Morgan Stanley & Co International PLC will carry out the third GBP500 million tranche, running from Thursday until July 2024.

BAE Systems shares were 1.0% higher at 937.40 pence each in London on Thursday morning.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BAE SYSTEMS PLC	1,307 GBX	-4.14%	+1.55%	51.07B
	MORGAN STANLEY	93.85 USD	+0.10%	+4.19%	153B

Latest news about BAE Systems plc

BAE Systems: working on a hybrid engine with Cummins	Apr. 24	CF
BAE Systems to Collaborate with Cummins on 2027 and Beyond Hybrid Drivetrain for Transit Bus Industry	Apr. 24	CI
MilDef Wins SEK52 Million Hardware Order from BAE Systems	Apr. 24	MT
UK stocks may finally be back in fashion	Apr. 23	RE
BAE Systems Breaks Ground on Cutting-Edge Engineering and Product Development Site in Maple Grove	Apr. 23	CI
BAE Systems: HMS Agamemnon soon to join the Royal Navy	Apr. 23	CF
BAE Systems: modernizes munitions plant	Apr. 19	CF
FTSE 100 up despite hawkish Fed rates outlook	Apr. 18	AN
BAE Systems Chair Hogg to be UK Takeover Panel deputy chair	Apr. 18	AN
BAE Systems investigating explosion at its Welsh munitions site	Apr. 17	RE
Australia wants to increase defense spending	Apr. 17	DP
Ten dead after missile attack - Zelenskyi urges more air defense	Apr. 17	DP
QinetiQ Appoints New Group CFO, Operations Chief	Apr. 16	MT
Global tensions, US rate worries weigh on shares	Apr. 16	AN
Qinetiq hires from BAE Systems as CFO exits suddenly; confirms outlook	Apr. 16	AN
European Midday Briefing : Investors Digest Iran Attack	Apr. 15	DJ
Deutsche Bank Lifts BAE Systems PT, Maintains Buy Rating	Apr. 12	MT
BAE SYSTEMS : Deutsche Bank gives a Buy rating	Apr. 12	ZD
JPMorgan raises Taylor Wimpey, Persimmon	Apr. 12	AN
UK's Labour Party aims to boost defence spending to 2.5% of GDP	Apr. 12	RE
BAE Systems-Built Weather Satellite Launches as Part of U.S. Space Force Environmental Monitoring Program	Apr. 11	CI
BAE Systems: signs contract for gun repairs	Apr. 10	CF
BAE Systems Wins Contract to Maintain and Repair Light Guns in Ukraine	Apr. 10	CI
BAE Systems Signs Contract for Weapons Maintenance, Repair in Ukraine	Apr. 10	MT
Ukraine, UK sign agreement to cooperate on arms production	Apr. 10	RE

Chart BAE Systems plc

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Company Profile

BAE Systems plc is one of the world's leaders in designing, producing and marketing defense and aerospace systems and equipment. The activity is organized mainly around three families of products and services: - land-based equipment: combat vehicles, tanks, missile launchers, artillery systems, munitions, etc.; - electronic communication, navigation, and simulation systems. The group also offers ship and boat repair services; - aeronautical and marine equipment: aircraft, watercraft, submarines, etc. Net sales are distributed geographically as follows: the United Kingdom (26.2%), Europe (10.7%), the United States (42.2%), Saudi Arabia (10.6%), Qatar (2.8%), Middle East (0.9 %), Australia (3.7%), Asia-Pacific (1.7%), Canada (0.7%) and others (0.5%).

Sector

Aerospace & Defense

Calendar

2024-05-09 - Annual General Meeting

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FTSE 100

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Analysis / Opinion

BAE SYSTEMS : FY23: a strong performance and a record backlog

March 01, 2024 at 11:46 am EST

BAE Systems plc: A new normal

February 23, 2024 at 10:16 am EST

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Ratings for BAE Systems plc

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13.64 GBP

Average target price

13.61 GBP

Spread / Average Target

-0.18%

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Other Aerospace & Defense

BAE Systems plc

Equities

BA.

GB0002634946

Aerospace & Defense

BAE Systems announces third tranche of share buyback programme

Stocks mentioned in the article

EPS Revisions