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Evening Standard
Evening Standard
Business
Joanna Hodgson

Balfour Beatty launches share buyback scheme as revenues rise

Balfour Beatty has signalled its confidence in future growth prospects, with Britain’s largest construction company launching its third share buy-back scheme in three years.

The FTSE 250 company has benefited from having long-term major contracts in place and a spread of work in the UK, US and Hong Kong, making it less exposed to difficulties contractors that rely on housebuilding are facing.

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