Barratt Redrow says it is launching a share buyback to help address a widening gap between its share price and net asset value, according to reports. The company’s decision is linked, in part, to pressure from activist investors who have urged management to take actions aimed at improving shareholder returns. The reports also state that Barratt Redrow is calling on the government, specifically Mayor Andy Burnham, to cut taxes, framing the move as part of a wider effort to support conditions for the housing sector and investment climate. The buyback is presented as a mechanism to increase shareholder value and potentially improve market perception of the firm. While the coverage highlights activist demands and the valuation gap as key drivers for the scheme, the available information does not detail the buyback size, timing, or specific tax changes sought. Overall, the reports describe a company using a buyback program while simultaneously urging tax policy adjustments, with the goal of strengthening its standing with investors.