Barratt Developments ( (GB:BTRW) ) has provided an announcement.
Barratt Redrow plc, a company involved in the housing and construction industry, has announced the repurchase and cancellation of 150,000 ordinary shares as part of its £50 million share repurchase program. This transaction, conducted through UBS AG London Branch, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
More about Barratt Developments
YTD Price Performance: -6.36%
Average Trading Volume: 4,971,274
Technical Sentiment Signal: Strong Buy
Current Market Cap: £5.83B
See more data about BTRW stock on TipRanks’ Stock Analysis page.