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Balfour Beatty ( (GB:BBY) ) just unveiled an announcement.
Balfour Beatty has executed a share buyback program, purchasing 110,000 ordinary shares at a volume-weighted average price of 449.0173 pence per share, with the shares set to be held in treasury. This move is part of a broader strategy that has seen 1,459,793 shares repurchased under the program, affecting the total number of voting rights and potentially impacting shareholder notifications in accordance with FCA’s rules.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with 26,000 employees, specializing in financing, developing, building, maintaining, and operating complex infrastructure projects that support national economies. The company has a long history of creating iconic buildings and infrastructure globally, including significant projects like the Hinkley Point C nuclear power station in the UK, the Lyric Theatre in Hong Kong, 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
See more insights into BBY stock on TipRanks’ Stock Analysis page.