Balfour Beatty ( (GB:BBY) ) just unveiled an update.
Balfour Beatty has announced the purchase of 125,000 ordinary shares as part of its ongoing share buyback program, with shares acquired at a volume weighted average price of 467.2541 pence. This transaction is part of a broader strategy to manage the company’s capital structure, with the repurchased shares held in treasury, impacting the total number of voting rights and shareholder calculations under regulatory disclosure rules.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees, involved in financing, developing, building, maintaining, and operating complex infrastructure projects globally. The company is known for its significant contributions to 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: 2.11%
Average Trading Volume: 931,790
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.34B
For detailed information about BBY stock, go to TipRanks’ Stock Analysis page.