tiprankstipranks
Balfour Beatty Announces Share Buyback Transaction
Company Announcements

Balfour Beatty Announces Share Buyback Transaction

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

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

Balfour Beatty has announced a transaction involving the repurchase of 110,000 of its ordinary shares as part of a share buyback program initiated earlier in January 2025. The shares will be held in treasury, affecting the total number of voting rights within the company. This move aligns with regulatory compliance and could impact shareholder calculations concerning interest notifications under FCA rules.

More about Balfour Beatty

Balfour Beatty is a leading international infrastructure group with 26,000 employees, focusing on financing, developing, building, maintaining, and operating complex infrastructure projects worldwide. The company is involved in significant projects such as the Hinkley Point C nuclear power station in the UK and the Automated People Mover at Los Angeles International Airport.

YTD Price Performance: -2.37%

Average Trading Volume: 980,626

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.26B

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

Related Articles
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