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Balfour Beatty ( (GB:BBY) ) has provided an announcement.
Balfour Beatty has announced the purchase of 61,000 of its ordinary shares as part of its ongoing share buyback program, which was initially announced in January 2025 and increased in March 2025. The shares, bought at a volume weighted average price of 647.3775 pence, will be held in treasury, reducing the number of shares in issue to 495,115,542. This move is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:BBY) stock is a Buy with a £688.00 price target. To see the full list of analyst forecasts on Balfour Beatty stock, see the GB:BBY Stock Forecast page.
Spark’s Take on GB:BBY Stock
According to Spark, TipRanks’ AI Analyst, GB:BBY is a Outperform.
Balfour Beatty’s overall stock score is driven by strong financial performance and positive technical indicators. The company’s robust cash flow and stable balance sheet are significant strengths. While the stock shows bullish momentum, the high RSI suggests caution due to potential overbought conditions. The valuation is reasonable but not particularly compelling, which slightly tempers the overall score.
To see Spark’s full report on GB:BBY stock, click here.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with over 27,000 employees. The company finances, develops, builds, maintains, and operates complex and critical infrastructure projects worldwide, supporting national economies and local communities. Notable projects include the Hinkley Point C nuclear power station in the UK, the Lyric Theatre in Hong Kong, and the Automated People Mover at Los Angeles International Airport.
Average Trading Volume: 1,210,938
Technical Sentiment Signal: Buy
Current Market Cap: £3.15B
For a thorough assessment of BBY stock, go to TipRanks’ Stock Analysis page.