tiprankstipranks
Advertisement
Advertisement

Balfour Beatty Expands Share Buyback and Updates Voting Rights

Story Highlights
Balfour Beatty Expands Share Buyback and Updates Voting Rights

Claim 55% Off TipRanks

An announcement from Balfour Beatty ( (GB:BBY) ) is now available.

Balfour Beatty has continued executing its previously announced share buyback programme, repurchasing 904,393 ordinary shares between 27 April and 1 May 2026 through Deutsche Numis and holding them in treasury. Following these transactions, the company has 486,254,282 ordinary shares in issue excluding treasury stock, and has cumulatively bought back 6,594,302 shares at a volume-weighted average price of 767.7582 pence, clarifying the updated total voting rights denominator for shareholders under FCA disclosure rules.

The most recent analyst rating on (GB:BBY) stock is a Buy with a £900.00 price target. To see the full list of analyst forecasts on Balfour Beatty stock, see the GB:BBY Stock Forecast page.

Spark’s Take on BBY Stock

According to Spark, TipRanks’ AI Analyst, BBY is a Outperform.

The score is driven primarily by strong financial cash generation and clear positive technical momentum. It is tempered by thin/pressured operating margins and higher leverage, while valuation appears reasonable but not notably cheap and the dividend is modest.

To see Spark’s full report on BBY stock, click here.

More about Balfour Beatty

Balfour Beatty is a leading international infrastructure group with 27,000 employees, focused on financing, developing, building, maintaining and operating complex and critical infrastructure. The company delivers major projects that support national economies and local communities worldwide, including nuclear power, cultural venues and large-scale transportation assets.

Average Trading Volume: 1,606,508

Technical Sentiment Signal: Buy

Current Market Cap: £3.91B

For detailed information about BBY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1