Balfour Beatty plc (BBY), the international infrastructure group, has announced the repurchase of 529,134 ordinary shares of 50 pence each between 2 November and 6 November 2026, executed through Merrill Lynch International as part of its ongoing share buyback programme. The buyback programme was originally announced on 5 January 2026 and subsequently increased on 11 March 2026. All repurchased shares will be held in treasury with no voting rights attached, bringing total buybacks under the programme to 21,161,860 shares at a volume weighted average price of 825.6409 pence. Investors tracking Balfour Beatty's capital allocation strategy may note the update to the company's total voting rights figure.

Key Points

  • Balfour Beatty plc (BBY) — leading international infrastructure group listed on the London Stock Exchange
  • 529,134 ordinary shares repurchased between 2 and 6 November 2026 via Merrill Lynch International across four trading venues
  • Cumulative buybacks under the programme total 21,161,860 shares at a volume weighted average price of 825.6409 pence
  • Investors should watch for further weekly buyback disclosures as the programme continues

Weekly Share Purchases Executed Across London Stock Exchange, Chi-X, BATS and Turquoise

Balfour Beatty purchased shares across four trading venues during the five-day window. On 2 November 2026, the weighted average price on the London Stock Exchange was 867.6266 pence, rising to 883.3221 pence on 3 November before easing to 869.9533 pence on 4 November. Prices softened further through the remainder of the week, reaching 845.1779 pence on the London Stock Exchange by 6 November 2026. The London Stock Exchange accounted for 75,000 shares on each trading day, with Chi-X, BATS and Turquoise providing additional volume across the period. The lowest price paid during the week was 835.50 pence and the highest was 897.50 pence.

Treasury Share Holdings and Updated Voting Rights Following the November Repurchases

Following completion of this latest tranche, Balfour Beatty's total ordinary shares in issue stands at 471,686,724, excluding treasury shares, which is also the total number of voting rights in the company. The announcement confirms that the shares repurchased under the buyback programme are the only shares held in treasury by the group. All treasury shares carry no voting rights. The company has stated that shareholders may use the figure of 471,686,724 as the denominator when calculating whether they are required to notify interests or changes in interests under the FCA's Disclosure and Transparency Rules.

Balfour Beatty's Infrastructure Portfolio Spanning Hinkley Point C, the M25 and US Development

Balfour Beatty finances, develops, builds, maintains and operates critical infrastructure across its core markets. Active projects disclosed by the company include operating and maintaining the M25 motorway, contributing to Hinkley Point C — the UK's first new nuclear power station in a generation — expanding Rolls-Royce's Raynesway facilities in Derby to support the UK submarine programme, and delivering Knox Street in Dallas, Texas, a major mixed-use development. The group combines engineering and construction expertise with long-term investment capability, and has been shaping infrastructure internationally for more than a century.

Buyback Programme Scale Since January 2026 Reflects Ongoing Capital Return Strategy

The scale of cumulative repurchases — 21,161,860 shares at a volume weighted average price of 825.6409 pence — illustrates the sustained pace of the buyback since the programme launched in January 2026. The programme was expanded in scope following the increase announced on 11 March 2026. Detailed trade-by-trade information has been made available on Balfour Beatty's website in line with Article 5(1)(b) of the Market Abuse Regulation. Investors monitoring the programme's progress may note the remaining share count and voting rights figure as a reference point for future tranches.