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Balfour Beatty ( (GB:BBY) ) has provided an update.
Balfour Beatty announced the purchase of 58,782 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 number of shares in circulation and potentially increasing shareholder value. This move reflects the company’s strategic financial management and commitment to enhancing shareholder returns. The total number of voting rights in the company remains at 495,352,261, which is crucial for stakeholders monitoring their interests under the FCA’s Disclosure and Transparency 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 with over 27,000 employees. The company finances, develops, builds, maintains, and operates complex infrastructure projects that support national economies and local communities. With a history spanning 116 years, Balfour Beatty has been involved in iconic projects worldwide, including 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: 1,192,440
Technical Sentiment Signal: Buy
Current Market Cap: £3.15B
See more insights into BBY stock on TipRanks’ Stock Analysis page.