Barratt Developments ( (GB:BTRW) ) has shared an announcement.
Barratt Redrow plc has executed a share repurchase program as part of its strategy to manage capital and return value to shareholders. On 21 February 2025, the company purchased 120,000 ordinary shares for cancellation, at prices ranging from £421.30 to £430.60 per share through UBS AG London Branch, contributing to an aggregate of 840,000 shares repurchased to date. This transaction underscores Barratt Redrow’s commitment to efficient capital allocation and may positively influence shareholder perception by reducing the number of shares in circulation, potentially leading to an increase in earnings per share.
More about Barratt Developments
YTD Price Performance: -3.52%
Average Trading Volume: 4,728,087
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.1B
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