Vanguard Group's increased stake in Barratt Developments plc

The Vanguard Group, Inc. recently increased its stake in Barratt Developments plc, as revealed in a Form 8.3 made public on February 27, 2024. This announcement comes after significant transactions where The Vanguard Group acquired an additional number of common shares of 10p in the company.

As of February 26, 2024, The Vanguard Group held a total of 47,413,692 shares, representing 4.86% of the ordinary shares of Barratt Developments plc. The increase in participation was marked by the purchase of 6,552 shares at a unit price of GBP 4.76, followed by an additional purchase of 57,395 shares at GBP 4.77 per share.

The revelation of these transactions underlines The Vanguard Group's growing interest in Barratt Developments plc, although the company has claimed to have no formal or informal arrangements relating to the shares in question which could induce the purchase or non-purchase. participation in future transactions.