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Berkeley Group Executes Share Buyback and Cancellation

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Berkeley Group Executes Share Buyback and Cancellation

Elevate Your Investing Strategy:

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

The Berkeley Group Holdings plc announced the purchase and cancellation of 64,860 of its ordinary shares, executed through Barclays Bank plc. This transaction, authorized by shareholders, reduces the total number of shares in issue to 97,969,216, 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 communities across London and the South of England, catering to a range of market segments from luxury apartments to affordable housing.

Average Trading Volume: 469,270

Technical Sentiment Signal: Sell

Current Market Cap: £3.51B

Learn more about BKG stock on TipRanks’ Stock Analysis page.

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