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Bellway PLC Advances Share Buyback Program

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Bellway PLC Advances Share Buyback Program

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The latest announcement is out from Bellway ( (GB:BWY) ).

Bellway PLC, a prominent player in the housing sector, has announced the continuation of its share buyback program, purchasing 31,959 ordinary shares at a price range between 2,756.00p and 2,784.00p per share. This move is part of a broader strategy to enhance shareholder value, with a total of 540,519 shares bought back since the program’s initiation in October 2025. The cancellation of these shares will reduce the total number of shares in issue to 118,453,747, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial stability.

The most recent analyst rating on (GB:BWY) stock is a Buy with a £34.10 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 reflects a mixed financial performance with strong balance sheet stability but declining revenues and cash flow challenges. Technical analysis indicates bearish momentum, while valuation metrics suggest fair pricing. The earnings call provided positive operational insights but highlighted areas needing improvement, such as RoCE and cost management.

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

More about Bellway

Average Trading Volume: 350,935

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.21B

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

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