Baring Emerging Buys Back 15,000 Shares

LONDON (Dow Jones)--Baring Emerging Europe PLC (BEE.LN) said Wednesday it purchased 15,000 of its own ordinary shares at a price of GBP7.97 per ordinary share. MAIN FACTS: -These shares will be cancelled; Following the transaction, the total number of treasury shares held by the Company is 3.3 million. -Shares on Wednesday closed at 797 pence, valuing the company at GBP274.8 million. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com (END) Dow Jones Newswires July 28, 2010 12:01 ET (16:01 GMT)