Source - Alliance News

Barratt Redrow PLC - Leicestershire, England-based housebuilder formed by 2024 merger of Barratt Developments and Redrow - Says it has completed the £50 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 £50 million. The buybacks are part of an ongoing plan to return at least £100 million per year.

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

12-month change: down 0.8%

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