Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Balfour Beatty ( (GB:BBY) ) has provided an announcement.
Balfour Beatty announced the purchase of 125,000 ordinary shares as part of its ongoing share buyback program, initially announced in January 2025. The shares were purchased at an average price of 462.8329 pence and will be held in treasury, reducing the total number of voting shares available to 513,009,027. This transaction aligns with Balfour Beatty’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees. The company specializes in financing, developing, building, maintaining, and operating complex and critical infrastructure projects that support national economies. Balfour Beatty has a global presence and is involved in significant projects such as 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: 1.63%
Average Trading Volume: 967,716
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.36B
Learn more about BBY stock on TipRanks’ Stock Analysis page.