tiprankstipranks
Advertisement
Advertisement

Barratt Redrow Cancels 1.25 Million Shares in Ongoing £50m Buyback

Story Highlights
  • Barratt Redrow repurchased 1.25 million shares in March as part of its £50 million buyback, cancelling them to support shareholder returns.
  • Total shares bought back under the programme now reach 9.68 million, reducing the share count to 1.42 billion voting shares in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Barratt Redrow Cancels 1.25 Million Shares in Ongoing £50m Buyback

Claim 55% Off TipRanks

The latest update is out from Barratt Redrow ( (GB:BTRW) ).

Barratt Redrow plc has continued to execute its £50 million share repurchase programme, buying a total of 1.25 million ordinary shares for cancellation on the London Stock Exchange between 23 and 27 March 2026. The purchases, executed via UBS at volume-weighted average prices ranging from about 260p to 271p per share, form part of a broader capital return strategy to optimise its balance sheet and enhance shareholder returns.

Following these latest transactions, the group has now bought back 9.68 million shares in aggregate under the current programme and fully cancelled them, reducing its share count and leaving no shares held in treasury. As a result, Barratt Redrow reports 1,416,946,582 ordinary shares in issue, which also represents the total number of voting rights, a change that may marginally increase existing investors’ proportional ownership and earnings per share over time.

The most recent analyst rating on (GB:BTRW) stock is a Hold with a £274.00 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 housebuilding group operating in the residential property sector. The company develops and sells new homes across the country, targeting a broad mix of private buyers and, indirectly, institutional stakeholders exposed to the U.K. housing market.

Average Trading Volume: 6,060,036

Technical Sentiment Signal: Sell

Current Market Cap: £3.6B

For detailed information about BTRW 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