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IN BRIEF: Berkeley Group completes returns programme, declares new one

Thu, 11th Aug 2022 14:00

Berkeley Group Holdings PLC - Surrey, England-based housebuilder - Declares interim dividend of 21.25 pence per share. This represents GBP23.3 million and forms part of Berkeley's target return for the 12 months ending September 30 of GBP282.2 million. The company already returned GBP141.1 million of this via a B-share scheme and GBP117.8 million via share buybacks, so the interim dividend completes the returns programme, which was worth GBP2.54 per share in total.

Berkeley on Thursday also says the next GBP141.1 million shareholder return will be provided by March 31 next year through a combination of dividends and buybacks.

Current stock price: 4,092.00p, down 1.4% on Thursday in London

12-month change: down 23%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Berkeley Group

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