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Balfour Beatty ( (GB:BBY) ) just unveiled an update.
Balfour Beatty announced the repurchase of 125,000 ordinary shares as part of its ongoing share buyback programme, with shares bought at an average price of 468.8045 pence and held in treasury without voting rights. This transaction reduces the total number of shares in issue, impacting the company’s stock market operations 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 26,000 employees. The company finances, develops, builds, maintains, and operates critical infrastructure supporting national economies. They have been delivering iconic projects globally for over 114 years, 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: 2.59%
Average Trading Volume: 962,692
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.36B
For a thorough assessment of BBY stock, go to TipRanks’ Stock Analysis page.
