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Babcock International ( (GB:BAB) ) has issued an announcement.
Babcock International Group PLC has announced the purchase of 129,720 of its own ordinary shares at an average price of 10.1152 pence per share, which will be held in treasury. This transaction is part of a broader share repurchase initiative, with the company having acquired 1,691,087 shares since July 24, 2025, at a total cost of £17,600,585.22. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:BAB) stock is a Buy with a £11.85 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.
Spark’s Take on GB:BAB Stock
According to Spark, TipRanks’ AI Analyst, GB:BAB is a Outperform.
Babcock International receives a solid score of 74, driven by strong earnings call guidance and beneficial corporate events, despite some financial leverage concerns. The company’s technical indicators and fair valuation further support a positive outlook, while challenges in specific segments highlight areas for improvement.
To see Spark’s full report on GB:BAB stock, click here.
More about Babcock International
Babcock International Group PLC operates in the engineering services industry, providing critical support services to sectors such as defense, emergency services, and civil nuclear. The company focuses on delivering complex and critical infrastructure solutions, primarily in the UK and international markets.
Average Trading Volume: 2,115,457
Technical Sentiment Signal: Buy
Current Market Cap: £5.02B
See more data about BAB stock on TipRanks’ Stock Analysis page.
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