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Balfour Beatty ( (GB:BBY) ) has shared an update.
Balfour Beatty has announced a recent transaction in which it repurchased 110,000 of its ordinary shares as part of its share buyback program initiated earlier in January 2025. The repurchased shares will be held in treasury, bringing the total number of shares repurchased under the program to 2,044,793, with no voting rights attached to them. This move aligns with the company’s broader strategy to manage its capital structure and potentially enhance shareholder value.
More about Balfour Beatty
Balfour Beatty is a prominent international infrastructure group with 26,000 employees that finance, develop, build, maintain, and operate complex infrastructure projects supporting national economies. The company has a legacy of delivering 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: -0.57%
Average Trading Volume: 976,104
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.29B
For detailed information about BBY stock, go to TipRanks’ Stock Analysis page.
