tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Berkeley Group Cancels 40,000 Shares in Latest Buyback

Story Highlights
  • Berkeley Group repurchased 40,000 ordinary shares for cancellation on 29 January 2026.
  • The buyback reduces shares in issue to 94,793,305, marginally boosting remaining holders’ stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Berkeley Group Cancels 40,000 Shares in Latest Buyback

Claim 50% Off TipRanks Premium

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

The Berkeley Group Holdings plc has executed a share buyback transaction, purchasing 40,000 of its ordinary shares on 29 January 2026 through Barclays Bank to be cancelled rather than held in treasury. The move, carried out under existing shareholder authority, reduces the company’s shares in issue to 94,793,305 and slightly increases the relative ownership stake of remaining shareholders, while providing updated capital base information relevant for regulatory disclosure thresholds under UK market rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4547.00 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 housebuilder and property developer focused on residential-led, mixed-use developments, primarily in London and the South of England. It specialises in creating urban regeneration schemes and high-quality housing, serving both owner-occupiers and investors in the UK residential property market.

Average Trading Volume: 291,143

Technical Sentiment Signal: Buy

Current Market Cap: £3.86B

Learn more about BKG stock on 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