Balfour Beatty (GB:BBY) has released an update.
Balfour Beatty PLC has announced a sizable purchase of its own shares under its Share Buyback program, buying 101,377 ordinary shares at prices ranging from 411.2000 to 415.8000 GBp per share. The repurchased shares will be held in treasury, reducing the number of ordinary shares in issue and thus potentially increasing shareholder value. This move is part of a larger repurchase of over 25 million shares, signaling the company’s commitment to managing its capital and providing shareholder returns.
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