0824 GMT - Bellway's increased first-half net debt of 72 million pounds is a slight concern for investors, Quilter Cheviot analyst Oli Creasey says in a note. The house builder is taking on debt at a time when most of its competitors prefer to play it safe with extra cash, Creasey says. "The position is small compared to the size of the company... but with license for another 100 million pounds of share buybacks still to come, we might expect to see this figure increase further at the full year results," he says. Shares are up 4.4% at 2,656 pence and are up 3.6% over the past 12 months. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
February 10, 2026 03:25 ET (08:25 GMT)
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