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Barratt Redrow Buys Back 1 Million Shares, Shrinks Share Count Further

Story Highlights
  • Barratt Redrow repurchased 1 million shares on the LSE for cancellation under its ongoing £50 million buyback programme.
  • Total buybacks now reach 10.68 million shares, cutting shares in issue to about 1.416 billion and boosting remaining investors’ stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Barratt Redrow Buys Back 1 Million Shares, Shrinks Share Count Further

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

Barratt Redrow has continued executing its £50 million share repurchase programme, buying a total of 1 million ordinary shares for cancellation between 30 March and 2 April 2026 via on-exchange transactions on the London Stock Exchange. The purchases, conducted through UBS AG London Branch, were made at volume-weighted average prices ranging from about 253p to 262p per share.

In aggregate, the company has now bought back 10.68 million shares under the programme, reducing its share count to 1,415,946,582 ordinary shares in issue and eliminating any treasury shares. The lower number of shares outstanding increases the concentration of voting rights and earnings per share for remaining investors, signalling continued capital returns to shareholders amid ongoing buyback activity.

The most recent analyst rating on (GB:BTRW) stock is a Buy with a £350.00 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 BTRW Stock

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

The score is primarily supported by a strong balance sheet and solid revenue growth, plus attractive valuation (13.2 P/E and 6.68% yield). These positives are meaningfully offset by very weak technicals (price below all major DMAs and extremely oversold momentum readings) and recent cash flow deterioration.

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

More about Barratt Redrow

Barratt Redrow plc is a U.K.-listed housebuilder operating in the residential construction sector. The company focuses on developing and selling new-build homes across the U.K. market, targeting both private buyers and, indirectly, institutional stakeholders exposed to the housing cycle.

Average Trading Volume: 6,268,966

Technical Sentiment Signal: Sell

Current Market Cap: £3.7B

For an in-depth examination of BTRW stock, go to TipRanks’ Overview page.

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