Balfour Beatty ( (GB:BBY) ) has shared an update.
Balfour Beatty announced the purchase of 125,000 of its ordinary shares as part of its share buyback program, with shares bought at a volume weighted average price of 436.7773 pence. This move is part of a larger buyback initiative where the company has repurchased over 7.3 million shares, impacting the total number of voting rights and potentially affecting shareholder interests under the FCA’s Disclosure and Transparency Rules.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with over 25,000 employees. The company is involved in financing, developing, building, maintaining, and operating complex infrastructure projects that support national economies. It has a history of creating iconic buildings and infrastructure globally, including projects like 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: -4.57%
Average Trading Volume: 993,820
Technical Sentiment Signal: Sell
Current Market Cap: £2.25B
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