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Balfour Beatty ( (GB:BBY) ) just unveiled an update.
Balfour Beatty plc announced the purchase of 110,000 ordinary shares as part of its ongoing share buyback program, with shares acquired through Numis Securities Limited at a volume weighted average price of 429.1011 pence. This transaction, along with previous buybacks, results in a total of 696,957 shares held in treasury, affecting the total voting rights within the company and potentially impacting shareholder interests.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees engaged in financing, developing, building, maintaining, and operating complex infrastructure projects. The company plays a vital role in national economies and local communities, with notable projects including 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: -5.85%
Average Trading Volume: 997,924
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.18B
Learn more about BBY stock on TipRanks’ Stock Analysis page.
