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Berkeley Group Announces Share Buyback and Cancellation

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Berkeley Group Announces Share Buyback and Cancellation

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The latest update is out from The Berkeley Group Holdings ( (GB:BKG) ).

The Berkeley Group Holdings plc announced the purchase and cancellation of 30,000 of its ordinary shares on February 14, 2025, with the transaction executed through HSBC Bank plc. This move is part of the company’s ongoing strategy to manage its share capital, positively impacting the shareholder value by reducing the number of shares in circulation, thereby potentially increasing the earnings per share.

More about The Berkeley Group Holdings

The Berkeley Group Holdings plc is a prominent company in the real estate industry, primarily focusing on residential property development. It is known for its high-quality housing projects in the UK market, catering to both local and international buyers.

YTD Price Performance: -2.87%

Average Trading Volume: 391,659

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.8B

See more data about BKG stock on TipRanks’ Stock Analysis page.

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