Babcock share price rises 2% as buyback filings roll on — what matters for BAB.L next
Babcock International shares rose 2.3% to 1,456 pence by 0923 GMT Tuesday, valuing the company at about £7.25 billion. The company disclosed recent buybacks, including 18 shares at £14.20–£14.27 each on Feb. 2 and 6,927 shares at 1,426–1,462 pence on Jan. 30, leaving 6.14 million shares in treasury. Issued share capital stands at 505.6 million, with 499.5 million voting rights as of Jan. 31.