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Berkeley Group Cancels 79,751 Shares Post-Repurchase

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Berkeley Group Cancels 79,751 Shares Post-Repurchase

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

The Berkeley Group Holdings announced the repurchase and cancellation of 79,751 of its ordinary shares, executed through Barclays Bank. This transaction, conducted under the authority granted by shareholders, reduces the total shares in issue to 98,375,099, impacting shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:BKG) stock is a Hold with a £5115.18 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 score reflects strong valuation and financial stability, offset by neutral technical indicators. The absence of earnings call data limits insights into recent performance momentum.

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

More about The Berkeley Group Holdings

The Berkeley Group Holdings plc operates in the real estate industry, focusing on residential property development. It is known for building homes and neighborhoods, primarily targeting the UK market.

Average Trading Volume: 453,982

Technical Sentiment Signal: Sell

Current Market Cap: £3.85B

See more insights into BKG stock on TipRanks’ Stock Analysis page.

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