tiprankstipranks
Advertisement
Advertisement

Barratt Redrow Advances £50m Buyback With Fresh Share Cancellation

Story Highlights
  • Barratt Redrow repurchased 150,000 shares on 2 March 2026 for cancellation under its £50 million buyback.
  • Total shares bought back now reach 5.75 million, cutting share count to 1.42 billion and potentially boosting earnings per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Barratt Redrow Advances £50m Buyback With Fresh Share Cancellation

Claim 55% Off TipRanks

Barratt Redrow ( (GB:BTRW) ) just unveiled an announcement.

Barratt Redrow plc has continued executing its £50 million share buyback, repurchasing 150,000 ordinary shares on 2 March 2026 via UBS AG London Branch for cancellation. The transaction, conducted as an on-exchange deal on the London Stock Exchange, was completed at a volume-weighted average price of about 358 pence per share.

Following this latest tranche, the company has bought back a total of 5,750,000 shares under the programme, reducing its share count and potentially enhancing earnings per share for remaining investors. After cancellation, Barratt Redrow reports 1,420,876,582 ordinary shares in issue and confirms that it holds no shares in treasury, setting the current total of voting rights at the same figure.

The most recent analyst rating on (GB:BTRW) stock is a Buy with a £4.90 price target. To see the full list of analyst forecasts on Barratt Redrow stock, see the GB:BTRW Stock Forecast page.

Spark’s Take on GB:BTRW Stock

According to Spark, TipRanks’ AI Analyst, GB:BTRW is a Neutral.

Barratt Redrow’s overall stock score is driven by strong financial management and a robust balance sheet, despite challenges in profitability and cash flow. The ongoing share repurchase program positively impacts shareholder value. However, technical indicators and valuation suggest caution, as the stock appears expensive and lacks strong momentum.

To see Spark’s full report on GB:BTRW stock, click here.

More about Barratt Redrow

Barratt Redrow plc is a U.K.-listed housebuilding group operating in the residential construction sector. The company focuses on developing and selling new homes across the U.K. market, targeting a broad range of homebuyers and participating actively in London Stock Exchange trading activity through its ordinary shares.

Average Trading Volume: 4,434,157

Technical Sentiment Signal: Sell

Current Market Cap: £5B

See more data about BTRW stock on 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