Barratt Developments ( (GB:BTRW) ) has issued an update.
Barratt Redrow plc, a prominent player in the real estate sector, has announced a significant transaction as part of its ongoing share repurchase program. On March 24, 2025, the company bought back 125,000 ordinary shares from UBS AG London Branch at a volume-weighted average price of £419.4583 per share. This move is part of a £50 million share repurchase initiative aimed at enhancing shareholder value. Following this transaction, Barratt Redrow has repurchased a total of 3,450,000 shares, leaving the company with 1,447,645,916 shares in issue, thereby potentially increasing the value of remaining shares for stakeholders.
More about Barratt Developments
YTD Price Performance: -3.91%
Average Trading Volume: 4,540,220
Technical Sentiment Signal: Buy
Current Market Cap: £6.06B
See more data about BTRW stock on TipRanks’ Stock Analysis page.