Balfour Beatty (GB:BBY) has released an update.
Balfour Beatty PLC, an international infrastructure group, has announced the purchase of 144,550 ordinary shares as part of its ongoing share buyback program, which was initiated on January 2, 2024, and expanded on March 13, 2024. These shares, bought at a volume weighted average price of 366.1902 GBp, will be held in treasury, reducing the total number of ordinary shares in issue to 524,185,750. This transaction forms part of a larger repurchase scheme where the company has acquired nearly 20 million shares to be held in treasury.
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