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An announcement from Balfour Beatty ( (GB:BBY) ) is now available.
Balfour Beatty announced the repurchase of 125,000 ordinary shares as part of its share buyback program, with shares held in treasury and no voting rights attached. The remaining number of shares in issue stands at 516,821,863, which stakeholders can use to assess their interests in the company according to FCA rules. This strategic move may impact the company’s market positioning by potentially enhancing shareholder value.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees. The company is involved in financing, developing, building, maintaining, and operating complex and critical infrastructure globally, supporting national economies and local communities. Notable projects include the Hinkley Point C nuclear power station in the UK, the Lyric Theatre in Hong Kong, and the Automated People Mover at Los Angeles International Airport.
YTD Price Performance: -0.97%
Average Trading Volume: 951,406
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.32B
See more data about BBY stock on TipRanks’ Stock Analysis page.
