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Berkeley Group Buys Back and Cancels 35,000 Shares

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Berkeley Group Buys Back and Cancels 35,000 Shares

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The Berkeley Group Holdings ( (GB:BKG) ) has issued an announcement.

The Berkeley Group Holdings announced the purchase and cancellation of 35,000 of its own ordinary shares, with the highest price paid per share being 3,810 pence. This strategic move, facilitated by HSBC Bank, will reduce the company’s total shares in issue to 100,710,185, potentially impacting shareholder interests and emphasizing its focus on shareholder value.

More about The Berkeley Group Holdings

The Berkeley Group Holdings is a prominent player in the real estate industry, primarily engaged in the development of residential and mixed-use properties. Its market focus includes creating sustainable communities and high-quality homes.

YTD Price Performance: -4.72%

Average Trading Volume: 386,278

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.74B

For a thorough assessment of BKG stock, go to TipRanks’ Stock Analysis page.

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