Bellway Shares Rise 5% On Solid Trading Numbers, £150m Share Buyback

Photo by Leon Neal - WPA Pool / Getty ImagesGetty ImagesBellway shares rose after the housebuilder announced forecast-matching trading numbers, and launched a £150 million share buyback programme.At £25.90 per share, the Bellway share price was last 4.5% higher in Tuesday business.Revenues at the FTSE 250 firm rose 16.9% on the 12 months to July, to £2.8 billion. Completions increased 14.3% to 8,749 units, while average asking prices rose to £316,412 from £307,909 previously.However, Bellway’s weekly privat ...