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Barratt Developments ( (GB:BTRW) ) has shared an update.
Barratt Redrow plc announced the launch of a non-discretionary share buyback programme worth up to £50 million, set to run from February 12, 2025, to June 30, 2025. This initiative aims to reduce the company’s capital by purchasing and cancelling ordinary shares, with UBS AG London Branch handling the acquisitions independently under pre-set parameters, reflecting compliance with relevant market regulations.
More about Barratt Developments
Barratt Redrow plc operates in the construction and real estate industry, focusing primarily on residential development. The company is known for building homes and residential properties across the UK, catering to various market segments.
YTD Price Performance: -0.70%
Average Trading Volume: 4,506,700
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.45B
For a thorough assessment of BTRW stock, go to TipRanks’ Stock Analysis page.
