Balfour Beatty ( (GB:BBY) ) has shared an update.
Balfour Beatty announced a transaction under its share buyback programme, purchasing 125,000 ordinary shares at an average price of 456.1758 pence per share. These shares will be held in treasury, bringing the total number of shares repurchased under the programme to 2,389,793. This action aligns with the company’s strategic financial management, maintaining 514,634,027 voting rights in issue, and allows shareholders to gauge their interests as per regulatory requirements.
More about Balfour Beatty
Balfour Beatty is a prominent international infrastructure group with 26,000 employees. The company is involved in financing, developing, building, maintaining, and operating complex infrastructure projects worldwide, supporting 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: 2.29%
Average Trading Volume: 953,728
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.36B
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