January 22, 2020 / 7:16 AM / a month ago

Housebuilder Berkeley to return more money to investors

Jan 22 (Reuters) - British housebuilder Berkeley Group Plc said on Wednesday it will increase its returns to shareholders by about 455 million pounds ($594.00 million) over the next two years.

The company said about 500 million pounds will be returned to shareholders in March 2020 and a further 500 million pounds a year later.

$1 = 0.7660 pounds Reporting by Noor Zainab Hussain in Bengaluru; Editing by Shailesh Kuber

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