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IN BRIEF: Barratt Redrow completes GBP50 million share buyback tranche

27th Jun 2025 10:05

Barratt Redrow PLC - Leicestershire, England-based housebuilder formed by 2024 merger of Barratt Developments and Redrow - Says it has completed the GBP50 million buyback programme announced in February, with the next tranche to be announced in due course. UBS Group AG conducted the scheme on Barratt Redrow's behalf and purchased 11.3 million shares for GBP50 million. The buybacks are part of an ongoing plan to return at least GBP100 million per year.

Current stock price: 469.10 pence, up 0.7% in London on Friday morning

12-month change: down 0.8%

By Michael Hennessey, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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