Bellway Cancels Further Shares as Buyback Programme Reduces Share Capital

Bellway ( (GB:BWY) ) just unveiled an update.

Bellway has continued executing its previously announced share buyback programme, purchasing 21,824 ordinary shares on 19 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,717.30 pence per share. These shares, like earlier repurchases under the programme, will be cancelled, bringing total shares bought back since October 2025 to 1,558,173 and reducing the company’s shares in issue to 117,439,002, a move that tightens the share capital base and may enhance earnings per share and capital returns for investors.

The most recent analyst rating on (GB:BWY) stock is a Buy with a £3461.00 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 housebuilder focused on developing residential properties across the country. Listed on the London Stock Exchange, the group operates in the home construction sector, delivering new-build housing to a broad range of buyers and participating actively in the UK residential property market.

Average Trading Volume: 463,324

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.2B

Learn more about BWY stock on TipRanks’ Stock Analysis page.