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Balfour Beatty Continues Share Buyback Initiative

Balfour Beatty Continues Share Buyback Initiative

Balfour Beatty (GB:BBY) has released an update.

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Balfour Beatty PLC has announced the purchase of 155,828 of its ordinary shares as part of an ongoing share buyback program, which was initially announced in January 2024 and expanded in March. These shares, purchased at a volume weighted average price of 410.9642 GBp each, will be held in treasury, reducing the number of ordinary shares in issue to 517,784,970. The repurchased shares will carry no voting rights and bring the total acquired under the buyback to 26,362,632 shares.

For further insights into GB:BBY stock, check out TipRanks’ Stock Analysis page.

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