Balfour Beatty (GB:BBY) has released an update.
Balfour Beatty, the renowned infrastructure group, has executed a share repurchase as part of its buyback program, acquiring 155,543 ordinary shares at a volume-weighted average price of 362.35 GBp, which will be held in treasury. This move comes as part of a larger buyback initiative where the company has bought back 11,816,293 shares to date. The repurchased shares will carry no voting rights and following the transaction, the company’s total number of voting rights stands at 532,331,309.
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