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Berkeley Group Cancels Nearly 40,000 Shares After Buyback

Story Highlights
  • Berkeley Group repurchased and cancelled 39,976 ordinary shares on 2 February 2026.
  • The buyback reduces shares in issue to 94,713,329, potentially boosting per-share metrics and guiding disclosure calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Berkeley Group Cancels Nearly 40,000 Shares After Buyback

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An announcement from The Berkeley Group Holdings ( (GB:BKG) ) is now available.

The Berkeley Group Holdings plc has executed a share buyback transaction, purchasing 39,976 of its ordinary shares on 2 February 2026 through Barclays Bank and cancelling them in line with shareholder authority granted at its September 2025 AGM. The move reduces the company’s total shares in issue to 94,713,329 and may incrementally enhance earnings per share and shareholder value, while also updating the base figure investors must use for regulatory disclosure of holdings under the Financial Conduct Authority’s transparency rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4532.00 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 schemes, with its shares traded on the London market and subject to UK financial reporting and disclosure rules.

Average Trading Volume: 296,721

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.9B

For an in-depth examination of BKG stock, go to TipRanks’ Overview page.

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