Berkeley Group Holdings exercises share buyback authority, purchasing 65,000 shares for cancellation
Berkeley Group Holdings - a stalwart of the property market, is exhibiting unprecedented confidence in its future performance through the purchase of 65,000 of its own shares. These shares, each valued at 5.6110477936 pence, were bought through Barclays Bank plc. This move, authorised by shareholders at the company’s Annual General Meeting held in September 2024, demonstrates the company’s mantra of continually ensuring robust shareholder value.
Under noted guidance, the provisions for such transactions dictate that the shares purchased on 18 July 2025 will not be held as treasury shares, but instead will face cancellation. This leaves the Company with a total of 97,535,751 shares in issue. This figure will empower shareholders to determine if they are required to disclose their interest or any consequent changes to their interest in accordance with the Financial Conduct Authority’s guidelines.
- •Transaction in Own Shares investegate.co.uk18-07-2025