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