Bellway (GB:BWY)
LSE:BWY
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Bellway
(LSE:BWY)
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Rating:62Neutral
Price Target:
2,184.00 p
â–²(17.23% Upside)
Action:ReiteratedDate:03/26/26
The score is driven primarily by solid fundamentals (growth and a strong balance sheet) and a constructive earnings outlook with strong cash-generation targets and shareholder returns. These positives are tempered by very weak technical momentum (price well below key moving averages with negative MACD) and ongoing risks flagged on the call, including margin pressure and build-safety-related uncertainty.
Positive Factors
Low leverage / strong balance sheet
A low net debt position and modest adjusted gearing provide durable financial flexibility. Over the next 2-6 months this supports disciplined land purchases, sustained dividend/buyback programs, and resilience to cyclical demand or short-term funding stress without forcing asset sales or heavy refinancing.
Negative Factors
Margin compression
Declining gross and operating margins reflect structural pressure from higher incentives, muted pricing power and build-cost inflation. Persistently weaker margins would erode long-term return on capital, constrain reinvestment and temper the sustainability of dividends and buybacks if not reversed.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
A low net debt position and modest adjusted gearing provide durable financial flexibility. Over the next 2-6 months this supports disciplined land purchases, sustained dividend/buyback programs, and resilience to cyclical demand or short-term funding stress without forcing asset sales or heavy refinancing.
Read all positive factors
Bellway (BWY) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£2.16B
Dividend Yield2.62%
Average Volume (3M)351.71K
Price to Earnings (P/E)8.0
Beta (1Y)1.65
Revenue Growth16.91%
EPS Growth20.93%
CountryUK
Employees2,659
SectorConsumer Cyclical
Sector Strength84
IndustryResidential Construction
Share Statistics
EPS (TTM)0.91
Shares Outstanding116,317,740
10 Day Avg. Volume468,739
30 Day Avg. Volume351,706
Financial Highlights & Ratios
PEG Ratio0.85
Price to Book (P/B)0.83
Price to Sales (P/S)1.06
P/FCF Ratio22.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£2,738.80Price Target Upside47.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)1.89
Revenue Forecast (FY)£3.07B
Bellway Business Overview & Revenue Model
Company Description
Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing a...
How the Company Makes Money
Bellway makes money mainly by developing and selling new-build residential properties. Its core revenue stream is the sale of completed homes to private buyers (including first-time buyers and owner-occupiers) and, where applicable, to other custo...
Bellway Earnings Call Summary
Earnings Call Date:Mar 24, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 20, 2026
Earnings Call Sentiment Positive
The call balances a number of strong operational and financial positives — improving trading momentum, higher volumes, robust cash-generation targets, a resilient balance sheet, dividend increase and active buyback — against clear near-term headwinds: margin compression, build-safety obligations, elevated overheads from strategic investment and inflation/macro risks (notably the Middle East). Management emphasizes capital efficiency, WIP monetization and prudent guidance while remaining cautious about FY '27 risks. On balance, the positives around cash generation, liquidity, order book recovery and strategic investments outweigh the short-term challenges, but uncertainty remains and will be monitored.Positive Updates
Volume Growth in H1
Completed 4,702 homes in H1, representing a 2.7% increase in volume versus prior year; FY '26 volume guidance increased by 100–300 units to 9,300–9,500 homes.
Negative Updates
Margin Pressure
Gross margin fell by 20 basis points to 16.2% and underlying operating margin reduced by 50 basis points to 10.5%, driven by incremental incentive usage, lack of house price inflation, and low single-digit build cost inflation.
Read all updates
Q2-2026 Updates
Positive
Negative
Volume Growth in H1
Completed 4,702 homes in H1, representing a 2.7% increase in volume versus prior year; FY '26 volume guidance increased by 100–300 units to 9,300–9,500 homes.
Read all positive updates
Company Guidance
Bellway reiterated FY‑26 guidance to deliver underlying operating profit of GBP 320–330m on volumes of 9,300–9,500 homes with an average selling price around GBP 325,000 and an operating margin similar to H1 (~10.5%); adjusted operating cash flow is targeted at GBP 750–800m, finance expense c. GBP 20m, admin overhead GBP 170–175m and land spend GBP 500–600m. In H1 the group delivered c. 4,702 homes, ASP just over GBP 322k (up 3.7%), gross margin 16.2% (‑20bps), underlying PBT GBP 151m, interim dividend 23p (up ~10%), and conversion of operating profit to adjusted operating cash flow of 2x; period end net debt was a modest GBP 72m, adjusted gearing (incl. land creditors) 10.3%, NAV per share just over GBP 30. Balance sheet metrics: land balance c. GBP 2.5bn (down ~GBP 38m), new deferred land contracts c. GBP 130m, period‑end land creditors GBP 290m (12%), WIP c. GBP 2.3bn (down GBP 39m), site WIP just over GBP 2.1bn (down GBP 61m), part‑exchange up c. GBP 20m (~6% of completions), land bank c. 94,000 plots (c. half owned/controlled, half strategic), order book c. GBP 1.5bn/5,300 homes (13 Mar) and >85% sold for FY‑26. Build safety: provision GBP 507m, spend to date GBP 212m (GBP 21m in H1), FY‑26 budgeted spend >GBP 150m (inflation c. 3% assumed for remediation), recoveries recognized GBP 81m to date. Management expects operating profit to rise c. GBP 20–30m y/y and operating cash flow to increase c. GBP 100–150m y/y, and continues a GBP 150m buyback (c. GBP 64m completed).Bellway Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.87B | 2.78B | 2.38B | 3.41B | 3.54B | 3.12B |
| Gross Profit | 470.00M | 456.80M | 367.00M | 687.30M | 787.00M | 651.90M |
| EBITDA | 260.00M | 251.40M | 225.10M | 510.20M | 314.70M | 486.80M |
| Net Income | 156.80M | 157.50M | 130.50M | 365.00M | 242.60M | 390.70M |
Balance Sheet | ||||||
| Total Assets | 5.06B | 5.19B | 5.00B | 5.11B | 4.99B | 4.68B |
| Cash, Cash Equivalents and Short-Term Investments | 118.00M | 171.80M | 119.50M | 362.00M | 375.30M | 460.30M |
| Total Debt | 190.00M | 487.70M | 130.00M | 513.80M | 540.60M | 603.00M |
| Total Liabilities | 1.54B | 1.64B | 1.53B | 1.65B | 1.62B | 1.39B |
| Stockholders Equity | 3.52B | 3.56B | 3.47B | 3.46B | 3.37B | 3.29B |
Cash Flow | ||||||
| Free Cash Flow | 77.70M | 134.10M | -66.90M | 243.40M | 60.70M | 429.60M |
| Operating Cash Flow | 88.60M | 146.00M | -65.50M | 246.10M | 61.20M | 432.90M |
| Investing Cash Flow | -12.60M | -19.70M | -8.00M | -18.20M | 19.10M | 5.20M |
| Financing Cash Flow | -80.00M | -74.00M | -169.00M | -241.20M | -165.30M | -29.20M |
Bellway Technical Analysis
Neutral
1863.00
Price Trends
2443.92
Negative
2571.63
Negative
2524.45
Negative
Market Momentum
-164.24
Negative
45.11
Neutral
53.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BWY, the sentiment is Neutral. The current price of 1863 is below the 20-day moving average (MA) of 2053.30, below the 50-day MA of 2443.92, and below the 200-day MA of 2524.45, indicating a neutral trend. The MACD of -164.24 indicates Negative momentum. The RSI at 45.11 is Neutral, neither overbought nor oversold. The STOCH value of 53.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:BWY.
Bellway Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £3.01B | 5.48 | 10.20% | 6.38% | -6.44% | -0.03% | |
67 Neutral | £3.53B | 13.20 | 2.73% | 4.73% | 33.83% | 15.11% | |
63 Neutral | £2.92B | 37.90 | 2.40% | 8.95% | 4.21% | -65.57% | |
62 Neutral | £2.16B | 8.04 | 4.43% | 2.62% | 16.91% | 20.93% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | £3.47B | 15.22 | 8.05% | 4.54% | 16.74% | -0.16% | |
54 Neutral | £1.04B | 15.19 | 4.20% | ― | -0.57% | -104.08% |
* Consumer Cyclical Sector Average
GB:BWY
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-2.41%
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Bellway Corporate Events
Business Operations and StrategyStock Buyback
Bellway Launches Second £75 Million Share Buyback Tranche
Positive
Apr 2, 2026
Bellway has continued its share buyback activity, repurchasing 8,410 ordinary shares on 2 April 2026, which will be cancelled, taking total shares bought back since October 2025 to nearly 3 million and reducing the number of shares in issue to abo...
Business Operations and StrategyDelistings and Listing Changes
Bellway Admits Additional Shares to LSE Under 2023 Sharesave Scheme
Neutral
Apr 2, 2026
Bellway has announced the admission to trading of 278,885 new ordinary shares of 12.5p each on the Main Market of the London Stock Exchange. These shares were issued under the company’s 2023 Savings Related Share Option Scheme (Sharesave or ...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Cuts Share Count to 116.3 Million
Positive
Apr 2, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 74,899 ordinary shares on 1 April 2026 via Citigroup Global Markets at a volume-weighted average price of 1,872.60 pence. The company will cancel these...
Regulatory Filings and Compliance
Bellway Updates Share Capital and Voting Rights Structure
Neutral
Apr 1, 2026
Bellway has confirmed that its issued share capital comprised 116,401,053 ordinary shares as of 31 March 2026, with no shares held in Treasury. The Bellway Employee Benefit Trust holds 415,104 shares but has waived voting and dividend rights on th...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Cuts Share Count to 116.4 Million
Positive
Apr 1, 2026
Bellway has continued its ongoing share buyback programme, repurchasing 128,000 ordinary shares on 31 March 2026 via Citigroup Global Markets at a volume-weighted average price of 1,860.84 pence, with prices ranging between 1,844 and 1,886 pence. ...
Business Operations and StrategyStock Buyback
Bellway Cancels More Shares as Buyback Shrinks Equity Base
Positive
Mar 31, 2026
Bellway has continued its previously announced share buyback, purchasing 81,500 ordinary shares on 30 March 2026 at a volume-weighted average price of 1,826.37 pence, with all of these shares to be cancelled. The transaction, executed through Citi...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Passes 2.6 Million Mark
Positive
Mar 30, 2026
Bellway has repurchased 82,000 ordinary shares on 27 March 2026 under its ongoing buyback programme, paying a volume-weighted average price of 1,821.13 pence per share, with the shares to be cancelled. This brings total repurchases since the progr...
Stock Buyback
Bellway Continues Share Buyback, Shrinks Share Capital Base
Positive
Mar 27, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 26,000 ordinary shares on 26 March 2026 at a volume-weighted average price of 1,853.10 pence, with the shares to be cancelled. This latest tranche take...
Business Operations and StrategyStock Buyback
Bellway Extends Share Buyback, Cuts Share Count to 116.7 Million
Positive
Mar 26, 2026
Bellway has continued its share buyback programme, repurchasing 26,000 ordinary shares on 25 March 2026 at a volume-weighted average price of 1,856.62p through Citigroup Global Markets. The company will cancel these shares, reinforcing its capital...
Stock Buyback
Bellway Continues Buyback, Cuts Share Count to 116.7 Million
Positive
Mar 25, 2026
Bellway has continued its ongoing share buyback programme, purchasing 26,000 ordinary shares on 24 March 2026 at a volume-weighted average price of 1,896.04 pence through Citigroup Global Markets. The newly repurchased shares will be cancelled, br...
Business Operations and StrategyStock Buyback
Bellway Continues Buyback, Cuts Share Count With Latest Share Repurchase
Positive
Mar 24, 2026
Bellway has continued to execute its share buyback programme, repurchasing 22,300 ordinary shares on 23 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,133.93 pence, with the shares to be cancelled. This latest tran...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Bellway lifts completions and guidance as housing demand steadies
Positive
Mar 24, 2026
Bellway reported a resilient first-half performance to 31 January 2026, lifting housing completions by 2.7% to 4,702 homes and nudging underlying operating profit up 1.5% to £159m, despite a lower operating margin and a modest increase in leg...
Stock Buyback
Bellway Cancels Further Shares as Buyback Programme Reduces Share Capital
Positive
Mar 23, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,300 ordinary shares on 20 March 2026 at a volume-weighted average price of 2,136.73 pence, with all of these shares to be cancelled. Since the progr...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cutting Share Count to 116.8 Million
Positive
Mar 20, 2026
Bellway has continued executing its previously announced share buyback programme, purchasing 23,250 ordinary shares on 19 March 2026 via Citigroup Global Markets at prices between 2,126p and 2,204p, with a volume-weighted average of 2,153.33p. The...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cuts Share Count to 116.8 Million
Positive
Mar 19, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,300 ordinary shares on 18 March 2026 at a volume-weighted average price of 2,242.95p, with the shares to be cancelled. This latest transaction bring...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Further Reduces Share Capital
Positive
Mar 18, 2026
Bellway has continued its previously announced share buyback programme, repurchasing 22,100 ordinary shares on 17 March 2026 at prices between 2,204p and 2,272p, with a volume-weighted average price of 2,245.15p. The purchased shares will be cance...
Business Operations and StrategyStock Buyback
Bellway Cancels More Shares as Buyback Shrinks Equity Base
Positive
Mar 17, 2026
Bellway has continued executing its previously announced share buyback programme, purchasing 22,100 ordinary shares on 16 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,253.63p. The shares will be cancelled, contri...
Stock Buyback
Bellway Continues Share Buyback, Further Shrinks Share Base
Positive
Mar 16, 2026
Bellway p.l.c. has continued its ongoing share buyback programme, repurchasing 21,900 ordinary shares on 13 March 2026 at a volume-weighted average price of 2,279.83 pence, with all of the shares to be cancelled. Since launching the programme in O...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Further Reducing Share Count
Positive
Mar 13, 2026
Bellway has continued to execute its share buyback programme, repurchasing 21,350 ordinary shares on 12 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,338.78p. The acquired shares will be cancelled, contributing to...
Stock Buyback
Bellway Continues Buyback, Cancels Further Shares to Tighten Equity Base
Positive
Mar 12, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,100 ordinary shares on 11 March 2026 through Citigroup Global Markets at a volume-weighted average price of 2,358.80 pence. The company will cancel ...
Business Operations and StrategyStock Buyback
Bellway Cancels New Tranche of Shares as Buyback Programme Passes 2.3 Million Mark
Positive
Mar 11, 2026
Bellway p.l.c. has continued to execute its previously announced share buyback programme, purchasing 21,100 ordinary shares on 10 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,371.46 pence. The repurchased shares ...
Stock Buyback
Bellway Cancels Further Shares as Buyback Shrinks Equity Base
Positive
Mar 10, 2026
Bellway has continued executing its previously announced share buyback programme, repurchasing 21,750 ordinary shares on 9 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,287.17 pence. The shares will be cancelled, ...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Shrinks Capital Base
Positive
Mar 10, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,750 ordinary shares on 9 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,287.17 pence. The shares will be cancelled,...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Cuts Equity Base
Positive
Mar 9, 2026
Bellway has continued its ongoing share buyback programme, repurchasing 20,750 ordinary shares on 6 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,406.85 pence. The shares will be cancelled, contributing to a cumul...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Further Reducing Share Count
Positive
Mar 6, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 20,000 ordinary shares on 5 March 2026 at a volume-weighted average price of 2,470.07 pence, with all shares bought for cancellation. The latest transa...
Business Operations and StrategyStock Buyback
Bellway Advances Buyback as Share Count Falls to 117 Million
Positive
Mar 5, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 19,750 ordinary shares on 4 March 2026 at a volume-weighted average price of 2,505.05 pence. The latest batch of shares, bought via Citigroup Global Ma...
Stock Buyback
Bellway Cancels Further Shares as Buyback Programme Progresses
Positive
Mar 4, 2026
Bellway has continued its ongoing share buyback programme, repurchasing 19,000 ordinary shares on 3 March 2026 at a volume-weighted average price of 2,593.65 pence, with the shares to be cancelled. Since the programme began in October 2025, the gr...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cuts Share Count Further
Positive
Mar 3, 2026
Bellway has continued its ongoing share buyback programme, repurchasing 18,370 ordinary shares on 2 March 2026 via Citigroup Global Markets at a volume-weighted average price of 2,719.29 pence. The shares bought back will be cancelled, reflecting ...
Regulatory Filings and Compliance
Bellway Updates Share Capital and Voting Rights Position
Neutral
Mar 2, 2026
Bellway has reported its updated share capital and voting rights position, stating that as of 27 February 2026 it had 117,080,531 ordinary shares in issue and holds no shares in treasury. This disclosure clarifies the company’s capital struc...
Business Operations and StrategyStock Buyback
Bellway Cuts Share Count Further with Ongoing Buyback
Positive
Mar 2, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 17,888 ordinary shares on 27 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,795.63 pence. The shares acquired in this...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cuts Share Count to 117.1 Million
Positive
Feb 27, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 17,750 ordinary shares on 26 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,817.39 pence. The company plans to canc...
Business Operations and StrategyStock Buyback
Bellway Extends Share Buyback, Cancels Further Shares
Positive
Feb 26, 2026
Bellway has continued its share buyback programme, repurchasing 17,750 ordinary shares on 25 February 2026 at prices between 2,814p and 2,850p, with a volume-weighted average price of 2,837.06p. The company said the shares bought through Citigroup...
Business Operations and StrategyStock Buyback
Bellway Continues Buyback Drive With Further Share Purchases for Cancellation
Positive
Feb 25, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 17,750 ordinary shares on 24 February 2026 at a volume-weighted average price of 2,818.38 pence. The company said all of the purchased shares will be c...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Reducing Share Count Further
Positive
Feb 24, 2026
Bellway has continued its ongoing share buyback programme, repurchasing 17,496 ordinary shares on 23 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,834.95 pence. The company plans to cancel these shares, reflect...
Stock Buyback
Bellway Continues Share Buyback, Cuts Shares in Issue to 117.1 Million
Positive
Feb 23, 2026
Bellway has repurchased 18,000 ordinary shares on 20 February 2026 under its previously announced share buyback programme, at a volume-weighted average price of 2,839.53 pence per share, with all the shares to be cancelled. This latest transaction...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cuts Share Count to 117.2 Million
Positive
Feb 20, 2026
Bellway has repurchased 17,000 ordinary shares on 19 February 2026 under its ongoing share buyback programme, paying a volume-weighted average price of 2,828.85p per share through Citigroup Global Markets. The shares bought will be cancelled, supp...
Business Operations and StrategyStock Buyback
Bellway Cuts Share Count Further with Ongoing Buyback
Positive
Feb 19, 2026
Bellway has continued its ongoing share buyback programme by repurchasing 17,481 ordinary shares on 18 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,863.63 pence. The company will cancel these shares, reinforci...
Stock Buyback
Bellway Cancels More Shares as Buyback Programme Passes 2 Million Mark
Positive
Feb 18, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 36,000 ordinary shares on 17 February 2026 at a volume-weighted average price of 2,853.75 pence, with all shares bought for cancellation. This latest tra...
Business Operations and StrategyStock BuybackFinancial Disclosures
Bellway Continues Buyback, Cuts Share Count Below 118 Million
Positive
Feb 17, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 36,000 ordinary shares on 16 February 2026 at a volume-weighted average price of 2,830.64 pence, with the shares to be cancelled. Including this latest...
Regulatory Filings and Compliance
Bellway Reports Routine Share Transfer by Executive’s Associate
Neutral
Feb 16, 2026
Bellway disclosed a routine share dealing by a person closely associated with its Chief Commercial Officer, in line with EU Market Abuse Regulation reporting rules. The transaction involved moving existing Bellway ordinary shares held by Joanne Sc...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cuts Share Count Below 118 Million
Positive
Feb 16, 2026
Bellway has bought back 16,253 ordinary shares on 13 February 2026 under its ongoing share repurchase programme, paying a volume‑weighted average price of 2,797.2 pence per share. The company will cancel these shares, continuing a capital re...
Business Operations and StrategyStock Buyback
Bellway Cuts Share Count Further With Ongoing Buyback
Positive
Feb 13, 2026
Bellway has continued to execute its share buyback programme, repurchasing 4,340 ordinary shares on 12 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,758.12 pence. The company intends to cancel these shares, fur...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Further Trimming Share Count
Positive
Feb 12, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,500 ordinary shares on 11 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,652.89 pence. The shares will be cancel...
Business Operations and StrategyStock Buyback
Bellway Cancels More Shares as Buyback Shrinks Equity Base
Positive
Feb 11, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 22,000 ordinary shares on 10 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,629.04 pence. The shares will be cancelle...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buybacks, Further Reduces Share Capital
Positive
Feb 10, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 9 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,542.99 pence. The company will cancel th...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Bellway Posts Robust First Half as Completions Rise and Balance Sheet Stays Strong
Positive
Feb 10, 2026
Bellway reported a resilient first-half performance to 31 January 2026, with housing completions rising 2.7% to 4,702 units and average selling prices increasing to about £322,000, lifting housing revenue above £1.5 billion. Despite soft...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Trims Share Capital
Positive
Feb 9, 2026
Bellway has continued executing its share buyback programme, repurchasing 22,000 ordinary shares on 6 February 2026 at a volume-weighted average price of 2,618.83 pence per share through Citigroup Global Markets. The shares will be cancelled, and ...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Further Reduces Share Count
Positive
Feb 6, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,824 ordinary shares on 5 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,637.89p per share. The shares bought bac...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Further Reduces Share Count
Positive
Feb 5, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 4 February 2026 via Citigroup Global Markets at a volume-weighted average price of 2,750.96p. The latest tranche of shares wi...
Stock Buyback
Bellway retires more shares as buyback shrinks float
Positive
Feb 4, 2026
Bellway cancelled 22,000 shares on 3 February 2026 under its ongoing buyback, executed via Citigroup at an average 2,732.29p. The programme has now retired 1.8 million shares since October 2025, trimming the float to 117.3 million and signalling c...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Passes 1.7 Million Threshold
Positive
Feb 3, 2026
Bellway has repurchased 22,000 ordinary shares on 2 February 2026 under its previously announced share buyback programme, paying a volume-weighted average price of 2,736.58 pence per share through Citigroup Global Markets Limited. The shares will ...
Regulatory Filings and Compliance
Bellway Updates Market on Voting Rights and Share Capital Structure
Neutral
Feb 2, 2026
Bellway p.l.c. has confirmed that as of 30 January 2026 its issued share capital comprises 117,241,120 ordinary shares, with no shares held in treasury. The Bellway Employee Benefit Trust holds 415,104 of these shares but has waived its rights to ...
Stock Buyback
Bellway Continues Share Buyback, Cancels Additional 22,000 Shares
Positive
Feb 2, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 30 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,738.56 pence per share, with all of the ...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cancels Additional 22,000 Shares
Positive
Jan 30, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 22,000 ordinary shares on 29 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,760.71 pence. The shares will be cancelled...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Passes 1.7 Million Mark
Positive
Jan 29, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 22,000 ordinary shares on 28 January 2026 via Citigroup Global Markets at prices between 2,712p and 2,754p per share, with a volume-weighted average pric...
Stock Buyback
Bellway Cancels Further Shares as Buyback Programme Progresses
Positive
Jan 28, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 27 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,712.54 pence per share. The shares will ...
Stock Buyback
Bellway Cancels Further Shares as Buyback Programme Reduces Share Count
Positive
Jan 27, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,992 ordinary shares on 26 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,693.58 pence per share. The latest tranc...
Business Operations and StrategyStock Buyback
Bellway Continues Capital Return with Further Share Buyback and Cancellation
Positive
Jan 26, 2026
Bellway has repurchased 22,000 ordinary shares on 23 January 2026 under its ongoing share buyback programme, paying a volume-weighted average price of 2,697.24 pence per share. The shares, acquired via Citigroup Global Markets, will be cancelled, ...
Stock Buyback
Bellway Cancels Further Shares Under Ongoing Buyback Programme
Positive
Jan 23, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 21,894 ordinary shares on 22 January 2026 through Citigroup Global Markets at a volume-weighted average price of 2,707.33 pence per share, with the share...
Stock Buyback
Bellway Continues Share Buyback, Further Reduces Share Capital
Positive
Jan 22, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,996 ordinary shares on 21 January 2026 at a volume-weighted average price of 2,680.89 pence per share through Citigroup Global Markets. The shares w...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cuts Share Count to 117.4 Million
Positive
Jan 21, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 20 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,693.08 pence per share, with all of the ...
Stock Buyback
Bellway Cancels Further Shares as Buyback Programme Reduces Share Capital
Positive
Jan 20, 2026
Bellway has continued executing its previously announced share buyback programme, purchasing 21,824 ordinary shares on 19 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,717.30 pence per share. These shares, like ...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Reduces Share Count
Positive
Jan 19, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,844 ordinary shares on 16 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,721.79p, with all shares bought to be ca...
Business Operations and StrategyStock Buyback
Bellway Cuts Share Count Further with Latest Buyback
Positive
Jan 16, 2026
Bellway has repurchased 22,000 ordinary shares on 15 January 2026 under its ongoing share buyback programme, paying a volume-weighted average price of 2,685.52p per share, with the shares to be cancelled. Since the launch of the programme in Octob...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Reducing Share Count to 117.5 Million
Positive
Jan 15, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 22,000 ordinary shares on 14 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,678.24p, with the shares to be cancelled. ...
Stock Buyback
Bellway Cancels Further Shares as Buyback Programme Progresses
Positive
Jan 14, 2026
Bellway has continued its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 13 January 2026 through Citigroup Global Markets at a volume-weighted average price of 2,750.68 pence per share. The shares will be canc...
Stock Buyback
Bellway Continues Share Buyback, Reduces Share Capital
Positive
Jan 13, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 12 January 2026 at a volume-weighted average price of 2,774.31 pence per share through Citigroup Global Markets. The shares w...
Business Operations and StrategyStock Buyback
Bellway Continues Share Buyback, Cancels Further 21,707 Shares
Positive
Jan 12, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 21,707 ordinary shares on 9 January 2026 via Citigroup Global Markets at a volume-weighted average price of 2,772.74 pence per share. The shares acquir...
Stock Buyback
Bellway Cancels Further Shares as Buyback Programme Progresses
Positive
Jan 9, 2026
Bellway has continued to execute its previously announced share buyback programme, repurchasing 22,000 ordinary shares on 8 January 2026 at prices between 2,750p and 2,800p per share, with a volume-weighted average price of 2,771.98p. The latest t...
Business Operations and StrategyStock Buyback
Bellway Cancels Further Shares as Buyback Programme Reduces Share Count
Positive
Jan 9, 2026
Bellway has continued to execute its previously announced share buyback programme, purchasing 22,000 ordinary shares on 8 January 2026 at prices between 2,750p and 2,800p per share, with a volume-weighted average price of 2,771.98p. The acquired s...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.