tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Berkeley Group Cancels 49,663 Shares Following Shareholder Approval

Story Highlights
Berkeley Group Cancels 49,663 Shares Following Shareholder Approval

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

The Berkeley Group Holdings plc announced the purchase and cancellation of 49,663 of its ordinary shares on 27 August 2025, as authorized by shareholders at the previous year’s Annual General Meeting. This move reduces the total number of shares in issue to 95,895,202, which is significant for shareholders in terms of determining their interests under regulatory guidelines.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4266.00 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 Berkeley Group Holdings scores well due to its strong valuation metrics, including a low P/E ratio and high dividend yield, which are attractive to investors. Financial performance is stable, with strong profitability and a solid balance sheet, though revenue growth and cash flow generation remain areas for improvement. Technical analysis suggests a neutral trend with slight bullish momentum.

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 prominent player in the real estate industry, primarily focusing on residential development. The company is known for its high-quality housing projects and operates mainly in the UK market.

Average Trading Volume: 475,898

Technical Sentiment Signal: Sell

Current Market Cap: £3.53B

Find detailed analytics on 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