tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Beazley Continues Share Repurchase Program with Latest Buyback

Story Highlights
Beazley Continues Share Repurchase Program with Latest Buyback

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Beazley ( (GB:BEZ) ) has shared an update.

Beazley plc announced the purchase of 348,358 of its own ordinary shares for cancellation as part of its share repurchase program, which was initially announced on 5 March 2025. This transaction was executed through J.P. Morgan Securities plc, with the highest price paid per share being 845.00p and the lowest 836.00p, resulting in a volume-weighted average price of 841.2274p. Since the start of the repurchase program, Beazley has acquired a total of 36,145,094 shares. This move is part of Beazley’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and signaling confidence in the company’s financial health.

The most recent analyst rating on (GB:BEZ) stock is a Buy with a £957.00 price target. To see the full list of analyst forecasts on Beazley stock, see the GB:BEZ Stock Forecast page.

Spark’s Take on GB:BEZ Stock

According to Spark, TipRanks’ AI Analyst, GB:BEZ is a Outperform.

Beazley’s strong financial performance and positive earnings call are the most significant factors driving the score. The company’s solid cash flow and strategic management provide stability and growth potential. Technical indicators suggest caution, but the valuation remains attractive.

To see Spark’s full report on GB:BEZ stock, click here.

More about Beazley

Average Trading Volume: 2,536,903

Technical Sentiment Signal: Buy

Current Market Cap: £5B

For a thorough assessment of BEZ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1