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Balfour Beatty ( (GB:BBY) ) has provided an announcement.
Balfour Beatty plc has completed a share buyback transaction, purchasing 110,000 ordinary shares at an average price of 460.7154 pence per share. These shares will be held in treasury, bringing the total repurchased to 2,154,793 shares. The buyback aligns with the company’s strategy to manage its capital base effectively and reflects its ongoing commitment to delivering shareholder value.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees involved in the financing, development, construction, maintenance, and operation of complex and critical infrastructure. The company is known for delivering significant infrastructure projects globally, 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: -0.57%
Average Trading Volume: 976,104
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.29B
See more insights into BBY stock on TipRanks’ Stock Analysis page.
