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Balfour Beatty ( (GB:BBY) ) just unveiled an announcement.
Balfour Beatty announced the purchase of 61,204 ordinary shares as part of its ongoing share buyback program, which was initially announced in January 2025 and increased in March 2025. The repurchased shares will be held in treasury, reducing the number of shares in issue to 495,411,043. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, with implications for voting rights and shareholder notifications under regulatory rules.
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 that employs over 27,000 people. The company is involved in financing, developing, building, maintaining, and operating complex infrastructure projects that support national economies and local communities. Balfour Beatty has a history of creating iconic buildings and infrastructure worldwide, with current projects including the UK nuclear power station Hinkley Point C, the Lyric Theatre in Hong Kong, and the Automated People Mover at Los Angeles International Airport.
Average Trading Volume: 1,181,664
Technical Sentiment Signal: Buy
Current Market Cap: £3.11B
See more data about BBY stock on TipRanks’ Stock Analysis page.