Berkeley postpones shareholder payout

March 12, 2020
Berkeley Group has postponed its planned increase in shareholder returns in response to the global spread of Coronavirus.Issuing a trading update covering the period from November 1 2019 to February 29 2020, the housebuilder said it would postpone the increase of £455 million, as originally detailed to shareholders on February 24.Berkeley still plans to make the “enhanced returns” but said ...

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