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BH Macro Shs GBP ( (GB:BHMG) ) just unveiled an announcement.
BH Macro Limited has repurchased 128,058 sterling ordinary shares and 5,000 US dollar ordinary shares on the London Stock Exchange from J.P. Morgan Securities, and will hold these shares in treasury. Following the buyback, the company has 314,951,933 sterling shares and 23,802,751 US dollar shares in issue (excluding treasury), with 63,097,991 sterling and 323,917 US dollar shares held in treasury, bringing total voting rights to 481,398,666, a move that modestly adjusts the capital structure and may support share price and net asset value metrics for existing shareholders.
The most recent analyst rating on (GB:BHMG) stock is a Hold with a £412.00 price target. To see the full list of analyst forecasts on BH Macro Shs GBP stock, see the GB:BHMG Stock Forecast page.
Spark’s Take on GB:BHMG Stock
According to Spark, TipRanks’ AI Analyst, GB:BHMG is a Neutral.
The score is primarily supported by a very strong balance sheet (no debt) but held back by inconsistent earnings/cash flow history. Weak technical momentum and a high P/E further constrain the rating, while ongoing buybacks provide only a modest offset.
To see Spark’s full report on GB:BHMG stock, click here.
More about BH Macro Shs GBP
BH Macro Limited is a closed-ended collective investment scheme incorporated in Guernsey, providing listed exposure to hedge fund strategies through its sterling and US dollar share classes on the London Stock Exchange. The company caters to investors seeking alternative, macro-focused investment returns via a publicly traded vehicle.
Average Trading Volume: 697,107
Technical Sentiment Signal: Strong Buy
Learn more about BHMG stock on TipRanks’ Stock Analysis page.