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Bellway Cancels Further Shares as Buyback Programme Progresses

Story Highlights
  • Bellway repurchased 19,000 shares on 3 March 2026 for cancellation under its ongoing buyback programme.
  • The total shares in issue fall to about 117 million, modestly boosting earnings per share for remaining investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bellway Cancels Further Shares as Buyback Programme Progresses

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Bellway ( (GB:BWY) ) has provided an update.

Bellway has continued its ongoing share buyback programme, repurchasing 19,000 ordinary shares on 3 March 2026 at a volume-weighted average price of 2,593.65 pence, with the shares to be cancelled. Since the programme began in October 2025, the group has bought back and cancelled 2,203,457 shares, reducing the total shares in issue to 117,052,572 and modestly enhancing earnings per share and capital return for remaining investors.

The most recent analyst rating on (GB:BWY) stock is a Buy with a £33.90 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 focused on developing new-build homes across regional markets. The group operates primarily through land acquisition and housing construction, targeting a broad mix of private buyers and housing associations in the British residential property sector.

Average Trading Volume: 506,297

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.15B

For an in-depth examination of BWY stock, go to TipRanks’ Overview page.

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