Balfour Beatty ( (GB:BBY) ) has provided an announcement.
Balfour Beatty has announced the purchase of 125,000 ordinary shares as part of its ongoing share buyback program, with the shares to be held in treasury. This move, which follows a previous repurchase of over 4 million shares, reflects the company’s strategic financial management and influences the total voting rights available to shareholders, potentially impacting stakeholder interests and market perceptions.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees, known for financing, developing, building, maintaining, and operating complex and critical infrastructure projects globally. The company has a rich history of creating iconic buildings and infrastructure over the past 114 years, including significant projects like the Hinkley Point C nuclear power station in the UK, the Lyric Theatre in Hong Kong, and the Automated People Mover at Los Angeles International Airport.
YTD Price Performance: 1.14%
Average Trading Volume: 947,292
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.33B
For a thorough assessment of BBY stock, go to TipRanks’ Stock Analysis page.