Business
Completion of First Tranche of Share Buyback
Completion of First Tranche of Share Buyback.
About this update from Bellway P.l.c.
[{"type":"text","content":"\n\nBellway p.l.c\nCompletion of First Tranche of Share Buyback Programme\n16 June 2023\n \nBellway p.l.c. ('Bellway' or the 'Group') announces that the first £50 million tranche of the £100 million share buyback programme, announced on 28 March 2023, has now completed.\n \nBellway entered into a non-discretionary agreement with Numis Securities Limited to conduct the first tranche of the share buyback programme on Bellway's behalf (as announced on 28 March 2023). As of 16 June 2023 2,147,455 shares were purchased for cancellation, at a cost of c.£50 million (excluding stamp duty and expenses).\nFurther details on the second tranche of the share buyback programme will be announced in due course.\n \nFor further information, please contact:\n \nBellway p.l.c.\nKeith Adey, Group Finance Director\n0191 217 0717\n \nGavin Jago, Group Investor Relations Director\n0191 217 0717\n \n\n","length":2329,"tagName":"div"}]