Balfour Beatty ( (GB:BBY) ) just unveiled an announcement.
Balfour Beatty has announced a transaction in its own shares as part of its share buyback program. The company purchased 125,000 ordinary shares, which will be held in treasury, reducing the number of shares in issue to 509,330,081. This move is part of a larger buyback initiative that has seen the repurchase of 7,693,739 shares, potentially impacting shareholder voting rights and interest notifications under regulatory 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 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: -3.65%
Average Trading Volume: 1,112,410
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.2B
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