Bellway Cancels Further Shares as Buyback Programme Reduces Share Count

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

Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,844 ordinary shares on 16 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,721.79p, with all shares bought to be cancelled. This latest tranche brings total buybacks for cancellation since the programme’s launch in October 2025 to 1,536,349 shares and reduces the group’s shares in issue to 117,460,826, signalling ongoing capital return to shareholders and a tighter equity base that may enhance earnings per share and underline management’s confidence in the company’s financial position.

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 housebuilder, operating in the residential construction industry and focused on developing new homes across regional markets. The group builds a range of housing products, typically serving mainstream homebuyers throughout the United Kingdom.

Average Trading Volume: 463,427

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.2B

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