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Berkeley Group Announces Share Buyback and Cancellation
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Berkeley Group Announces Share Buyback and Cancellation

Story Highlights
  • Berkeley Group operates in the real estate industry, focusing on residential development.
  • The company repurchased and canceled 35,000 shares to adjust its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The Berkeley Group Holdings ( (GB:BKG) ) has shared an announcement.

The Berkeley Group Holdings plc has announced the purchase and cancellation of 35,000 of its ordinary shares, with the transaction facilitated by HSBC Bank plc. This action, approved by shareholders in the previous year’s Annual General Meeting, aims to adjust the company’s share capital structure and may have implications on shareholder interests as it reduces the total number of shares in circulation to 101,050,380.

More about The Berkeley Group Holdings

The Berkeley Group Holdings plc operates in the real estate industry, focusing on residential and mixed-use property development. The company is known for creating sustainable communities and delivering quality homes across prime locations in the United Kingdom.

YTD Price Performance: -9.23%

Average Trading Volume: 398,653

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.61B

See more insights into BKG stock on TipRanks’ Stock Analysis page.

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