tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Berkeley Group Cancels 40,000 Shares After Buyback Transaction

Story Highlights
Berkeley Group Cancels 40,000 Shares After Buyback Transaction

Claim 50% Off TipRanks Premium

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

The Berkeley Group Holdings has executed a share buyback transaction, purchasing 40,000 of its ordinary shares on 30 January 2026 through Barclays Bank and cancelling them in line with shareholder authority granted at the September 2025 annual general meeting. The cancellation reduces the company’s total shares in issue to 94,753,305, a change that may marginally enhance earnings per share and affects the denominator shareholders must use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:BKG) stock is a Hold with a £4439.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Spark’s Take on GB:BKG Stock

According to Spark, TipRanks’ AI Analyst, GB:BKG is a Outperform.

The overall stock score is primarily driven by strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest potential undervaluation. However, technical indicators reflect a bearish trend, and financial performance highlights challenges in revenue growth and cash flow generation. Recent positive corporate events, while not weighted, support a positive outlook.

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

More about The Berkeley Group Holdings

The Berkeley Group Holdings plc is a UK-listed residential property developer focused on building homes and mixed-use developments, with a primary market in London and the South of England.

Average Trading Volume: 293,713

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.92B

For detailed information about BKG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1