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Barratt Developments ( (GB:BTRW) ) just unveiled an announcement.
Barratt Redrow plc, a company engaged in the construction industry, announced the purchase and cancellation of 120,000 ordinary shares as part of its £50 million share repurchase programme. This transaction, executed on the London Stock Exchange, aims to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and market confidence.
More about Barratt Developments
YTD Price Performance: 4.54%
Average Trading Volume: 4,621,337
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.64B
Learn more about BTRW stock on TipRanks’ Stock Analysis page.
