The latest update is out from Barratt Developments ( (GB:BTRW) ).
Barratt Redrow plc, a company involved in the real estate and construction industry, has announced a significant transaction as part of its ongoing £50 million share repurchase program. On February 27, 2025, the company repurchased 125,000 ordinary shares for cancellation at an average price of £420.7026 per share, reducing the total number of shares in issue to 1,449,770,916. This move is part of Barratt Redrow’s strategy to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and reflecting confidence in its financial health.
More about Barratt Developments
YTD Price Performance: -3.84%
Average Trading Volume: 4,464,979
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.08B
See more data about BTRW stock on TipRanks’ Stock Analysis page.