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The Berkeley Group Holdings ( (GB:BKG) ) has issued an update.
The Berkeley Group Holdings plc has repurchased 83,273 of its ordinary shares for cancellation, as authorized by shareholders at the 2024 Annual General Meeting. This transaction, facilitated by 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 98,842,192, which is relevant for shareholder notifications under regulatory guidelines.
The most recent analyst rating on (GB:BKG) stock is a Hold with a £40.00 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 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 and mixed-use property development. The company is known for its high-quality homes and urban regeneration projects, primarily targeting the London and South East England markets.
Average Trading Volume: 441,741
Technical Sentiment Signal: Sell
Current Market Cap: £3.76B
Learn more about BKG stock on TipRanks’ Stock Analysis page.