Balfour Beatty (GB:BBY) has released an update.
Balfour Beatty, the international infrastructure group, has announced the repurchase of 168,521 of its own shares at prices between 361.20 and 365.20 GBp per share under its share buyback program. Following this transaction, the company now holds a total of 12,603,039 repurchased shares in treasury, which affects the total number of voting rights in the company, now standing at 531,544,563. The buyback is part of a strategy to optimize the company’s financial structure and deliver value to shareholders.
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