Balfour Beatty (GB:BBY) has released an update.
Balfour Beatty PLC has announced the purchase of 97,331 of its own ordinary shares as part of its share buyback program, at prices ranging from 416.8000 to 421.8000 pence per share. These shares are to be held in treasury, reducing the total number of ordinary shares in issue to 518,728,004. The repurchase is a continuation of the company’s strategy to manage its share capital, having already bought back over 25 million shares at an average price of 365.4189 pence each.
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