Completion of Share Buyback Programme

Bellway PLC
27 October 2023
 

Bellway p.l.c.

Completion of Share Buyback Programme

27 October 2023

 

Bellway p.l.c. ('Bellway' or the 'Group') announces that it has completed the Share Buyback Programme (the 'Buyback Programme'), announced on 28 March 2023 to purchase up to £100m of its shares for cancellation.

Citigroup Global Markets Limited, who undertook the second tranche of the Buyback Programme on Bellway's behalf (as announced on 19 June 2023), repurchased 2,412,602 shares for an aggregate consideration of c.£50 million, excluding stamp duty and expenses.

As a result, Bellway has returned c.£100 million to its shareholders through the completion of the Buyback Programme. 

                                          

For further information, please contact:

 

Bellway p.l.c.

Keith Adey, Group Finance Director

0191 217 0717

 

Gavin Jago, Group Investor Relations Director

0191 217 0717

 

 

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