London, Feb 11, 2026, 09:24 GMT — Trading session ongoing
- BAE Systems shares slipped roughly 0.5% early on, trading at 1,914.5 pence
- The company revealed it bought back 110,969 shares and canceled them
- Next up: U.S. Army export-channel order and results from Feb. 18
BAE Systems’ shares slipped in early London trading Wednesday following the company’s announcement of another round of share buybacks. By 0924 GMT, the stock had fallen roughly 0.5% to 1,914.5 pence. Other defence firms like Thales, Rheinmetall, and Leonardo also saw declines. (Investing)
This filing is significant as investors gear up for BAE’s full-year results next week, eager for updated guidance on cash flow and the pace at which the company can continue returning cash via dividends and share buybacks.
BAE’s been active lately: on one end, it’s been handling routine buybacks, while on the other, new contract announcements keep coming. The stock’s hovering near recent peaks, where even minor shifts push it around the FTSE leaderboard.
BAE reported buying back 110,969 shares on Feb. 10, paying a volume-weighted average price of 1,928.56 pence—a figure representing the typical trading price that day. The repurchase, executed via Morgan Stanley, is part of a programme first revealed in August 2023, the company said. (TradingView)
BAE announced in a separate statement via PR Newswire that it secured Foreign Military Sales contracts worth $137 million to deliver its AN/AAR-57 Common Missile Warning System to allied nations. This U.S. government export program facilitates defense equipment sales. Jared Belinsky, director of Integrated Survivability Solutions at BAE Systems, commented, “International customers continue to choose CMWS for its proven effectiveness and reliability in combat.” (PR Newswire)
For shareholders, the order may be small but it contributes to the steady flow of U.S.-related contracts that frequently support BAE’s investment appeal. It also shines a light on the company’s electronic systems lineup as governments increase spending on air and missile defence.
European shares dipped Wednesday, dragged down by tech stocks following disappointing results from Dassault Systèmes. This weighed on the region’s key index, setting a cautious tone overall. (Reuters)
BAE’s next major event is its full-year results set for Feb. 18, per the company’s financial calendar. Investors will zero in on updates to guidance, cash conversion rates, and the scope management envisions for dividends and buybacks. (Bae Systems Investors)
Execution at home faces a potential snag. Over 1,200 employees at BAE facilities in northwest England are set to strike from Feb. 2 through at least Feb. 20, according to the Unite union, over pay disputes. BAE, however, calls its offer “market-leading” and anticipates that production lines will keep running. (Reuters)
