Balfour Beatty (GB:BBY) has released an update.
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Balfour Beatty, the international infrastructure group, has reported the purchase of 231,349 of its own shares as part of an ongoing buyback program, at prices ranging from 368 to 376 GBp per share. The shares bought back are to be held in treasury, reducing the number of voting rights and ordinary shares in issue to 528,757,747. Overall, the company has repurchased 15,389,855 shares at an average price of 352.6571 GBp each, as part of its strategy to manage its capital effectively.
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