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Bellway Cancels Further Shares as Buyback Programme Progresses

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Bellway Cancels Further Shares as Buyback Programme Progresses

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Bellway ( (GB:BWY) ) has issued an announcement.

Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 8 January 2026 at prices between 2,750p and 2,800p per share, with a volume-weighted average price of 2,771.98p. The latest tranche, carried out via Citigroup Global Markets and earmarked for cancellation, brings total shares bought back since the programme began in October 2025 to 1,404,798, reducing the group’s share count to 117,590,806 and modestly enhancing earnings per share and capital return metrics for existing shareholders.

The most recent analyst rating on (GB:BWY) stock is a Hold with a £2829.00 price target. To see the full list of analyst forecasts on Bellway stock, see the GB:BWY Stock Forecast page.

Spark’s Take on GB:BWY Stock

According to Spark, TipRanks’ AI Analyst, GB:BWY is a Neutral.

Bellway’s overall stock score is driven by its strong financial performance and positive earnings call, indicating robust growth and strategic capital allocation. However, technical indicators suggest short-term bearish momentum, and valuation metrics imply potential overvaluation. The company’s ability to address cash flow challenges and navigate slower trading conditions will be crucial for future performance.

To see Spark’s full report on GB:BWY stock, click here.

More about Bellway

Bellway p.l.c. is a UK-based residential housebuilder, operating primarily in the homebuilding sector with a focus on constructing and selling new-build housing across regional markets in the United Kingdom.

Average Trading Volume: 476,981

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.17B

For detailed information about BWY stock, go to TipRanks’ Stock Analysis page.

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