The Berkeley Group Holdings (GB:BKG) has released an update.
The Berkeley Group Holdings has announced the buyback and cancellation of 50,000 of its own shares on July 1, 2024, as part of a shareholder-approved plan. The shares were bought through Barclays with prices ranging from 4,596p to 4,664p, resulting in a new total of 105,751,453 shares remaining in issue. This move could indicate the company’s confidence in its value and may affect shareholders’ stake calculations.
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