tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Balfour Beatty Advances Share Buyback Program with New Purchase

Story Highlights
Balfour Beatty Advances Share Buyback Program with New Purchase

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Balfour Beatty ( (GB:BBY) ).

Balfour Beatty announced the purchase of 95,148 ordinary shares as part of its ongoing share buyback program, which was initially announced in January 2025 and increased in March 2025. The repurchased shares will be held in treasury, reducing the total number of voting shares in circulation to 501,724,129. This move is part of the company’s strategy to manage its capital structure effectively, potentially impacting shareholder value and market perception.

The most recent analyst rating on (GB:BBY) stock is a Buy with a £5.60 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 benefits from strong financial performance and positive earnings call sentiment, supporting an optimistic outlook. Technical indicators confirm bullish momentum. Challenges in operational efficiency and US Civils profitability are offset by strategic initiatives and solid cash management.

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 focuses on financing, developing, building, maintaining, and operating complex and critical 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: 961,658

Technical Sentiment Signal: Buy

Current Market Cap: £2.57B

For an in-depth examination of BBY stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1