Share Buyback

Summary by AI ^BETAClose X

Balfour Beatty announced its intention to repurchase up to £200 million of its Ordinary Shares during 2026, with purchases to be completed before December 31, 2026. This buyback programme, which includes a previously announced £50 million tranche, aims to reduce the company's share capital, with purchased shares to be held in treasury. A maximum of 62,728,004 Ordinary Shares can be acquired, including those already bought back. The company confirmed it has no unpublished price-sensitive information.

Disclaimer*

Balfour Beatty PLC

11 March 2026

2026 SHARE BUYBACK

11 March 2026

Balfour Beatty, the international infrastructure group, announces that, further to the release of its full year results on 11 March 2026, it intends to repurchase up to a maximum aggregate consideration of £200 million of Ordinary Shares during the 2026 phase of the share buyback programme (the 'Share Buyback') (inclusive of the initial tranche of the 2026 share buyback of £50 million announced on 5 January 2026), which is intended to be completed before 31 December 2026.

Share purchases will take place in open market transactions and may be made from time to time depending on market conditions, share price and trading volume. The purpose of the share buyback is to reduce the share capital of Balfour Beatty, with the purchased shares to be held in treasury.

The maximum number of shares to be purchased under the Share Buyback is 62,728,004 Ordinary Shares (inclusive of 3,204,039 Ordinary Shares already purchased under the initial tranche of the 2026 share buyback). The Group confirms that it currently has no unpublished price sensitive information.

The Group will make further regulatory announcements to shareholders in respect of purchases of Ordinary Shares by the Group after they occur.

Analyst/investor enquiries:
Jim Ryan
Tel. +44 (0)785 836 8527
jim.ryan@balfourbeatty.com

Media enquiries:
Vivienne Dunn
Tel. +44 (0)203 810 2345
vivienne.dunn@balfourbeatty.com

Notes to editors:

· Balfour Beatty is a leading international infrastructure group with 27,000 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow.

· We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

· For over 100 years, we have created iconic buildings and infrastructure all over the world. Currently, we are working to deliver Hinkley Point C, the first UK nuclear power station in a generation; constructing the world-class arts and cultural facility, the Lyric Theatre, in Hong Kong; and designing, building, financing, operating and maintaining the Automated People Mover superstructure at the fifth busiest airport in the world, Los Angeles International Airport.

Legal Entity Identifier: CT4UIJ3TUKGYYHMENQ17

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END