Barratt Developments ( (GB:BTRW) ) has issued an announcement.
Barratt Redrow plc, a company involved in the construction and real estate industry, announced the repurchase of 125,000 ordinary shares as part of its £50 million share repurchase program. This transaction, conducted through UBS AG London Branch, is part of the company’s strategy to enhance shareholder value by reducing the number of shares in circulation. The purchase was executed on the London Stock Exchange with a volume-weighted average price of £431.1569 per share. Following this transaction, Barratt Redrow has repurchased a total of 2,825,000 shares under the program, leaving the total number of voting rights at 1,448,270,916.
More about Barratt Developments
YTD Price Performance: -2.73%
Average Trading Volume: 4,447,204
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.13B
See more insights into BTRW stock on TipRanks’ Stock Analysis page.