Berkeley Group Cancels 91,581 Shares as Buyback Programme Continues

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2026.04.30 16:49
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The Berkeley Group Holdings has repurchased 91,581 ordinary shares for cancellation, with prices ranging from 3,126p to 3,198p per share. This buyback reduces the number of shares in circulation to 92,986,792, enhancing earnings per share and signaling confidence in its financial position. The company plans further share repurchases and has received a recent analyst rating of Sell with a £2990.00 price target. Despite a bearish technical trend, Spark's AI Analyst rates BKG as Outperform, citing strong valuation metrics but challenges in revenue growth.