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Balfour Beatty ( (GB:BBY) ) has issued an update.
Balfour Beatty’s Chair, Charles Allen, has increased his stake in the company by purchasing a total of 7,443 shares through dividend reinvestment. This move demonstrates confidence in the company’s future and aligns with its strategic focus on infrastructure development, potentially impacting stakeholder perceptions positively.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees focused on developing, building, maintaining, and operating critical infrastructure projects. The company is involved in major global projects such as Hinkley Point C in the UK, the Lyric Theatre in Hong Kong, and the Automated People Mover at Los Angeles International Airport.
YTD Price Performance: -6.42%
Average Trading Volume: 999,337
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.17B
For a thorough assessment of BBY stock, go to TipRanks’ Stock Analysis page.