tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Berkeley Group Cancels Nearly 49,000 Shares After Latest Buyback

Story Highlights
Berkeley Group Cancels Nearly 49,000 Shares After Latest Buyback

Claim 70% Off TipRanks Premium

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

The Berkeley Group Holdings plc has executed a further share buyback, purchasing 48,974 of its ordinary shares on 14 January 2026 for cancellation, at prices ranging between 3,850p and 3,908p per share, via Barclays Bank. Following this transaction and the cancellation of the repurchased stock, the company’s total shares in issue stand at 95,115,719, a move that marginally increases existing shareholders’ proportional ownership and may signal continued confidence in the group’s valuation and capital-return strategy, while also updating the share count used for regulatory disclosure thresholds.

The most recent analyst rating on (GB:BKG) stock is a Hold with a £3754.00 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 urban regeneration and mixed-use housing schemes, primarily operating in London, the South East and other high-demand areas of England. The company targets mid- to high-end buyers and investors, playing a significant role in the UK homebuilding and regeneration market.

Average Trading Volume: 297,511

Technical Sentiment Signal: Buy

Current Market Cap: £3.85B

See more data 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