Taylor Wimpey rises after buyback announcement, sees stronger H2

Taylor Wimpey

05/03/2026 08:28

** Shares of British homebuilder Taylor Wimpey TW.L up 2.8% at 104.6 pence

** Co announces share buyback of 52 million pounds ($69.4 million) intended to be completed by the end of June 2026

** Expects a stronger H2 and is targeting 10,600–11,000 UK home completions in 2026, excluding JVs, with about 40% in H1

** "We delivered a robust performance in 2025, with completions up 6% and results in line with guidance," says CEO Jennie Daly

** TW down ~2.64% YTD

($1 = 0.7497 pounds)

 (Reporting by Megha Kumari)

 ((Megha.Kumari@thomsonreuters.com;))