{"id":12296,"date":"2026-07-15T06:44:54","date_gmt":"2026-07-15T06:44:54","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=12296"},"modified":"2026-07-15T06:44:54","modified_gmt":"2026-07-15T06:44:54","slug":"barratt-redrow-returns-400m-to-shareholders-daily-business","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=12296","title":{"rendered":"Barratt Redrow returns \u00a3400m to shareholders \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/02\/Baratt-Homes.png\" alt=\"Barratt Homes\" class=\"wp-image-175745 lazyload\"\/><img fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"524\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/02\/Baratt-Homes.png\" alt=\"Barratt Homes\" class=\"wp-image-175745 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/02\/Baratt-Homes.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/02\/Baratt-Homes-300x198.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/02\/Baratt-Homes-768x507.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/02\/Baratt-Homes-600x396.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><\/figure>\n<p class=\"wp-block-paragraph\"><em>Barratt Redrow: integration continuing (pic: DB Media Services)<\/em><\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Barratt Redrow has responded to shareholder pressure by replacing the bulk of its dividend payout with a \u00a3400 million buyback in a bid to boost its flagging share price.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The housebuilder said its depressed stock market value means the buyback programme makes better use of its capital.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Of the total\u00a0return, \u00a314m will be paid as an ordinary dividend of 1p per share with \u00a3386m to be delivered through share buybacks.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">In a trading update it reported a solid performance for the 52 weeks ended 28 June, completing 17,667 homes and achieving adjusted profit before tax in line with market expectations, despite challenging market conditions. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Completion numbers rose 5% year-on-year, but it said higher mortgage rates, affordability pressures and weak consumer confidence continue to hold back demand.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">It said the integration of Redrow is progressing well, delivering synergies, and the company maintains a strong balance sheet with year-end net cash of approximately \u00a3772 million. For FY27, Barratt Redrow anticipates total home completions between 17,700 and 18,200.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">David Thomas, chief executive, commented: \u201cThe sector continues to navigate macroeconomic\u00a0and geopolitical uncertainty, alongside industry headwinds and subdued customer demand, which have weighed on market sentiment. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cHowever, this means that given our performance and resulting balance sheet strength, deploying capital through an expanded share buyback programme is currently the most effective way to create long-term shareholder value, and we intend to return \u00a3400m to shareholders in FY27, primarily through share buybacks.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cDespite the backdrop, we are very well positioned. Redrow has been successfully integrated and is delivering the synergies planned and we continue to target further cost savings. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cOur flexible business model, strong balance sheet and further opportunities to optimise capital employed, such as the roll out of further synergy sales outlets, position us well to drive attractive returns for shareholders over the long term.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.6) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Barratt #Redrow #returns #400m #shareholders #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barratt Redrow: integration continuing (pic: DB Media Services) Barratt Redrow has responded to shareholder pressure by replacing the bulk of its dividend payout with a \u00a3400 million buyback in a&hellip; <\/p>\n","protected":false},"author":1,"featured_media":11862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[3545,13264,13263,283,282,13265,3135,8676],"class_list":["post-12296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-stories","tag-400m","tag-barratt","tag-barratt-redrow","tag-business","tag-daily","tag-redrow","tag-returns","tag-shareholders"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/12296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12296"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/12296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/11862"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}