Bellway Cancels Further Shares as Buyback Programme Reduces Share Count

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

Bellway has continued to execute its previously announced share buyback programme, purchasing 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 acquired shares will be cancelled, bringing total repurchases since the programme began in October 2025 to 1,404,798 shares and reducing the group’s shares in issue to 117,590,806, a move that is expected to enhance earnings per share and signals ongoing capital discipline and shareholder-return focus.

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 property developer focused on building new homes across the country. Listed on the London Stock Exchange, the group operates in the housebuilding sector, targeting a broad mix of regional housing markets and catering to a range of buyers from first-time purchasers to family and executive homes.

Average Trading Volume: 476,981

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.17B

See more insights into BWY stock on TipRanks’ Stock Analysis page.