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The Berkeley Group Holdings ( (GB:BKG) ) has shared an announcement.
The Berkeley Group Holdings plc announced the purchase and cancellation of 69,221 of its ordinary shares as part of a buyback program authorized by shareholders. This transaction, executed through Barclays Bank plc, reflects the company’s ongoing efforts to manage its share capital and potentially enhance shareholder value. Following this cancellation, the total number of shares in issue stands at 96,700,237, which is relevant for shareholder disclosures under regulatory rules.
The most recent analyst rating on (GB:BKG) stock is a Hold with a £5227.10 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 developing sustainable communities and high-quality homes in the UK, primarily targeting urban regeneration projects.
Average Trading Volume: 459,486
Technical Sentiment Signal: Sell
Current Market Cap: £3.54B
Learn more about BKG stock on TipRanks’ Stock Analysis page.