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Balfour Beatty ( (GB:BBY) ) has shared an announcement.
Balfour Beatty has announced the purchase of 89,561 of its ordinary shares as part of its ongoing share buyback program, which was initially announced in January 2025 and expanded in March 2025. These shares will be held in treasury, reducing the total number of shares in circulation and potentially increasing the value of remaining shares. This move is part of Balfour Beatty’s strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial health and future prospects.
The most recent analyst rating on (GB:BBY) stock is a Buy with a £5.80 price target. To see the full list of analyst forecasts on Balfour Beatty stock, see the GB:BBY Stock Forecast page.
Spark’s Take on GB:BBY Stock
According to Spark, TipRanks’ AI Analyst, GB:BBY is a Outperform.
Balfour Beatty’s strong financial performance and positive technical indicators are the most significant factors supporting its stock score. The company’s consistent revenue growth, robust cash flow, and strategic initiatives like share buybacks and major contract wins further enhance its market position. Despite some operational challenges and legal issues, the overall sentiment remains optimistic, driven by strategic growth and financial strength.
To see Spark’s full report on GB:BBY stock, click here.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with over 27,000 employees. The company is involved in financing, developing, building, maintaining, and operating complex infrastructure projects that support national economies and local communities. Notable projects include 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.
Average Trading Volume: 957,554
Technical Sentiment Signal: Buy
Current Market Cap: £2.59B
Learn more about BBY stock on TipRanks’ Stock Analysis page.