The latest update is out from Balfour Beatty ( (GB:BBY) ).
Balfour Beatty announced the purchase of 125,000 ordinary shares as part of its ongoing share buyback program, which was initiated in January 2025. The shares will be held in treasury, with no voting rights attached, and the total number of voting rights in the company remains at 512,634,027. This move is part of Balfour Beatty’s strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial position and future prospects.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 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.
YTD Price Performance: 1.14%
Average Trading Volume: 931,374
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.32B
For an in-depth examination of BBY stock, go to TipRanks’ Stock Analysis page.