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    Barratt Plans £400 Million Shareholder Returns

    1 week ago

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    Barratt Redrow has announced a £400 million plan to boost shareholder returns amid pressure from activist investor Phoenix Asset Management Partners. The housebuilder will buy back £386 million in shares and pay £14 million in dividends. Despite a recent stock decline, Barratt aims to meet profit expectations while managing rising build costs and potential inflation.
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