The Company today purchased 450,000 of its Ordinary Shares of US 20¢ each through J.P. Morgan Securities, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 14 April 2016. These shares have been purchased as part of the $300 million buy-back programme, the purpose for which is to reduce the Company's share capital, as announced on 8 August 2016. Details of the relevant purchase transactions are set out below:
Description of Shares: Smith & Nephew Ordinary Shares of US 20¢ each
Number of Shares repurchased: 450,000
Average price paid per Share: 1,107.7038p
Description of Shares: Smith & Nephew Ordinary Shares of US 20¢ each
Number of Shares repurchased: 450,000
Average price paid per Share: 1,107.7038p
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