BT Group PLC - Transaction in Own Shares
* Reuters is not responsible for the content in this press release.
RNS Number:1378R
BT Group PLC
31 March 2008
31 March 2008
BT Group plc
Transactions in Own Shares
BT Group plc (the "Company") announces that it has instructed commencement of a
non-discretionary programme to purchase ordinary shares, to be held as treasury
shares, during its close period.
The buy back programme will be managed by Citigroup Global Markets Limited, who
are an independent third party that the Company has duly authorised to make
trading decisions independently of, and uninfluenced by, the Company.
Any purchases will be effected within certain pre-set parameters, and in
accordance with both the Company's general authority to repurchase shares and
Chapter 12 of the Listing Rules which requires that the maximum price paid be
limited to no more than 5 per cent above the average market value for the shares
as derived from the London Stock Exchange Daily Official List for the five
business days immediately prior to such purchase.
=ends=
This information is provided by RNS
The company news service from the London Stock Exchange
END
POSZGGFFGMDGRZM
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters