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Balfour Beatty ( (GB:BBY) ) has shared an update.
Balfour Beatty announced the repurchase of 125,000 of its ordinary shares as part of its ongoing share buyback program. The shares were bought at a volume-weighted average price of 455.8599 pence and will be held in treasury, impacting the total number of voting rights to 514,509,027. This move is part of the company’s strategy to manage its capital structure and could influence shareholder interest as governed by the FCA’s Disclosure and Transparency Rules.
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 infrastructure projects globally. Notable projects include Hinkley Point C in the UK, the Lyric Theatre in Hong Kong, and the Automated People Mover at Los Angeles International Airport.
YTD Price Performance: 0.48%
Average Trading Volume: 946,574
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.32B
For detailed information about BBY stock, go to TipRanks’ Stock Analysis page.
