Share Repurchase Programme

RNS Number : 0826U

AstraZeneca PLC

15 December 2011

 



ASTRAZENECA PLC IRREVOCABLE, NON-DISCRETIONARY SHARE REPURCHASE PROGRAMME

AstraZeneca PLC (the "Company") today announced that, further to the announcement made on 30 September 2011 in relation to an irrevocable, non-discretionary programme with Barclays Bank PLC to purchase ordinary shares on AstraZeneca's behalf during the period which commenced on 3 October 2011 and was due to end on 16 December 2011, the programme will be extended, in accordance with its terms, by one additional trading day and will end on 19 December 2011.

The Company also today announced that, under the terms of an agreement entered into on 14 December 2011 between the Company and Barclays Bank PLC, and in accordance with the authority granted by shareholders at the Company's annual general meeting on 28 April 2011, it will commence an irrevocable, non-discretionary programme with Barclays Bank PLC to purchase ordinary shares of US$0.25 each (the "Shares") on its own behalf during the period which commences on the first day on which the London Stock Exchange is open following the last day of the irrevocable instruction which commenced on 3 October 2011, and ends on 2 February 2012, therefore running through its close period which commences on 1 January 2012 and ends on 2 February 2012.

Any purchases will be made within certain pre-set parameters and in accordance with both the Company's general authority to repurchase shares and the Listing Rules.  The Company intends to cancel any Shares so acquired.

A C N Kemp

Company Secretary

15 December 2011

 

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