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Berkeley Group Executes Share Buyback and Cancellation

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Berkeley Group Executes Share Buyback and Cancellation

Don’t Miss TipRanks’ Half-Year Sale

The Berkeley Group Holdings ( (GB:BKG) ) just unveiled an announcement.

The Berkeley Group Holdings plc announced the repurchase and cancellation of 75,553 of its ordinary shares, executed through Barclays Bank plc. This transaction, authorized by shareholders, reduces the total number of shares in issue to 98,610,221, 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 in urban areas, primarily targeting the UK market.

Average Trading Volume: 444,456

Technical Sentiment Signal: Sell

Current Market Cap: £3.76B

For detailed information about BKG stock, go to TipRanks’ Stock Analysis page.

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