(BA.) BAE Systems
Summary
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| Tue 13:46 | RNS |
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RNS Number : 9624W BAE SYSTEMS PLC 07 February 2012 BAE Systems plc: Transaction in own shares
BAE Systems plc announces that on 6 February 2012 it transferred 13,500 ordinary shares of 2.5p each held in treasury to a participant in its Executive Share Option Scheme at transfer prices between 201 pence and 264 pence per share.
Following the transfer of these shares, BAE Systems plc holds 350,768,682 of its ordinary shares in treasury and has 3,236,791,616 ordinary shares in issue (excluding treasury shares). This figure (3,236,791,616) represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Services Authority's Disclosure and Transparency Rules.
7 February 2012
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 31-01-12 | RNS |
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RNS Number : 4767W BAE SYSTEMS PLC 31 January 2012 BAE Systems plc
TOTAL VOTING RIGHTS - MONTH-END NOTIFICATION
As at 31 January 2012 BAE Systems plc:
(i) had 3,587,560,298 issued ordinary shares of 2.5 pence each admitted to trading. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of ordinary shareholders of BAE Systems plc;
(ii) held 350,782,182 ordinary shares in treasury. The voting rights of treasury shares are automatically suspended;
(iii) accordingly, had total voting rights of 3,236,778,116.
The total voting rights figure (of 3,236,778,116) may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, BAE Systems plc under the FSA's Disclosure and Transparency Rules.
31 January 2012
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 27-01-12 | RNS |
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RNS Number : 3092W BAE SYSTEMS PLC 27 January 2012 BAE Systems plc: Transaction in own shares
BAE Systems plc announces that on 26 January 2012 it transferred 10,750 ordinary shares of 2.5p each held in treasury to a participant in its Executive Share Option Scheme at transfer prices between 172 pence and 201 pence per share.
Following the transfer of these shares, BAE Systems plc holds 350,782,182 of its ordinary shares in treasury and has 3,236,778,116 ordinary shares in issue (excluding treasury shares). This figure (3,236,778,116) represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Services Authority's Disclosure and Transparency Rules.
27 January 2012
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 20-01-12 | RNS |
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RNS Number : 9152V BAE SYSTEMS PLC 20 January 2012 BAE Systems plc: Transaction in own shares
BAE Systems plc announces that on 19 January 2012 it transferred 19,750 ordinary shares of 2.5p each held in treasury to a participant in its Executive Share Option Scheme at transfer prices between 172 pence and 264 pence per share.
Following the transfer of these shares, BAE Systems plc holds 350,792,932 of its ordinary shares in treasury and has 3,236,767,366 ordinary shares in issue (excluding treasury shares). This figure (3,236,767,366) represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Services Authority's Disclosure and Transparency Rules.
20 January 2012
This information is provided by RNS The company news service from the London Stock Exchange More |
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| Tue 09:05 |
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A word of caution. Increased price is only ine option being considered. A reduction in price means less profit. Moreover Bae's share of the proceeds has been estimated at about £1 billion after consideration of the amount of Indian manufacture etc. Moreover, the Indian government are wary of the development costs of future armament systems etc.
The best argument for holding Bae is its dividend rather than capital appreciation. Good luck to those holding Bae. Cheers, RAC |
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| Tue 05:51 | ||||
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BAE may cut Typhoon price to win India order
By Louisa Peacock 11:53PM GMT 06 Feb 2012 http://tgr.ph/zTG8YI |
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| Mon 20:46 |
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Let battle commence!!
From FT.com http://www.ft.com/cms/s/0/8fb85e94-50eb-11e1-939d-00144feabdc0.html#axzz1ldWVQI20 BAE signals willingness to drop Typhoon price High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/8fb85e94-50eb-11e1-939d-00144feabdc0.html#ixzz1ldXQsvPZ BAE Systems, Europes largest defence contractor, has signalled its willingness to reduce the price of the Eurofighter Typhoon to win back a $20bn Indian tender from Frances Dassault. Ian King, BAEs chief executive, told the Financial Times that BAE needed to consult with its partners in Germany, Italy and Spain, but said all options were open. I will be discussing with our partners what we do next. In my view, all options are on the table, he told the Financial Times. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/8fb85e94-50eb-11e1-939d-00144feabdc0.html#ixzz1ldXZrTmJ When pressed on whether this would include reducing the price, Mr King confirmed that it was one of the options being considered. While noting that Indias decision to grant Dassaults Rafale preferred bidder status was based on price, he argued the Typhoon was younger, more versatile and could be modernised at a competitive cost over the coming years. Indias decision last week surprised industry executives who had felt the Typhoon, whose developers include BAE, pan-European EADS and Italys Finmeccanica, would edge out the Rafale because the French plane had not landed any export orders and faced a potential production shutdown. However, analysts and industry executives said any technical advantage the Typhoon might enjoy over the Rafale was not enough to outweigh the difference in price plus any other sweeteners, such as more generous technology transfer agreements, offered by France. John Louth, analyst at the think tank, Royal United Services Institute, said that the companies bid was too technical and lacked the grand military vision of that of the French: It was a bit like bringing a knife to a gunfight. According to Douglas Barrie of the International Institute for Strategic Studies, a key issue for buyers was whether the supplier would support it over the jet fighters 30-year life by offering technology upgrades and the latest weaponry. Analysts believe this consideration prompted India to snub two US fighters in an earlier tender round, even though the US was the only country able to provide it with the latest radar technology. The Typhoon and Rafale are still working on such systems. Mr Barrie said: You want to have guaranteed access to key technology platforms, whether this is the ability to integrate your own weapons or modify key areas of software to do with radar or electronic warfare performance, over the long term. |
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| Mon 13:03 |
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Today's Spectator.
...............So if this is 2010 news, why is the story making the headlines now? Because of the Indian decision to declare the French-built Rafale, and not the UK-manufactured Typhoon, their preference for future purchases. The thinking seems to be, If they won't buy our planes then why should we give them aid? But here, too, there is more than appears at first glance. The Rafale bid is just the lowest bid, not necessarily the best one. As a Cabinet minister told me, there have been many occasions at the Grand National when the horse leading the early part of the race finishes second. So BAE are still in with a chance and will need to push through in the next stages of bidding, including by showing greater life-time cost savings for the Typhoon over the Rafale. There may be good arguments for reducing UK aid to India many of which were aired in a recent debate in the House of Commons but outdated comments from an Indian minister and a premature assessment of the viability of the Typhoon bid aren't among them. Full article here: http://www.spectator.co.uk/coffeehouse/7630243/storm-in-an-indian-teacup.thtml |
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