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The latest announcement is out from Balfour Beatty ( (GB:BBY) ).
Balfour Beatty has announced the purchase of 57,353 of its ordinary shares as part of its ongoing share buyback program, which was initially announced in January 2025 and expanded in March 2025. The repurchased shares will be held in treasury, reducing the total number of voting shares in circulation to 495,058,189. This move is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares available in the market.
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 focuses on financing, developing, building, maintaining, and operating complex and critical infrastructure projects that support national economies and local communities. With a history spanning 116 years, Balfour Beatty has been involved in creating iconic buildings and infrastructure worldwide, including projects like 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: 1,216,768
Technical Sentiment Signal: Buy
Current Market Cap: £3.17B
See more insights into BBY stock on TipRanks’ Stock Analysis page.