The latest announcement 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 initially announced in January 2025. The shares, purchased at a volume-weighted average price of 465.4562 pence, will be held in treasury, leaving the total number of voting rights in the company at 512,259,027. This move is part of Balfour Beatty’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and maintaining a strong market position.
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. Balfour Beatty has a history of creating iconic buildings and infrastructure globally, including 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: 2.11%
Average Trading Volume: 931,790
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.34B
See more data about BBY stock on TipRanks’ Stock Analysis page.