Barratt Redrow Advances £50 Million Share Repurchase Program

Barratt Developments ( (GB:BTRW) ) has provided an announcement.

Barratt Redrow plc, a company operating in the real estate and construction industry, has announced the purchase and cancellation of 125,000 ordinary shares as part of its £50 million share repurchase program. This transaction, executed through UBS AG London Branch, is part of a broader strategy to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. Following this purchase, the company has no ordinary shares in treasury and maintains a total of 1,448,770,916 ordinary shares in issue, which impacts the total number of voting rights.

More about Barratt Developments

YTD Price Performance: -1.18%

Average Trading Volume: 4,730,001

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £6.24B

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