BH Macro Buys Back Shares for Treasury, Updates Voting Rights

BH Macro Shs GBP ( (GB:BHMG) ) has issued an announcement.

BH Macro Limited has repurchased 159,429 sterling ordinary shares and 23 US dollar ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc, at weighted average prices of £4.0111 and $4.2400 respectively, with the intention of holding these shares in treasury. Following this transaction, the company has 315,079,991 sterling shares and 23,807,751 US dollar shares in issue (excluding treasury holdings), while 62,969,933 sterling shares and 318,917 US dollar shares are held in treasury, resulting in a total of 481,590,842 voting rights; the move reflects continued active capital management and may support share price stability and capital efficiency for investors.

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 company domiciled in Guernsey and listed in London, providing investors with exposure to hedge fund strategies through its sterling and US dollar share classes. As an investment vehicle, it operates by actively managing its capital structure, including the use of share buybacks and treasury shares, to support liquidity and capital management objectives for shareholders.

Average Trading Volume: 698,689

Technical Sentiment Signal: Strong Buy

For a thorough assessment of BHMG stock, go to TipRanks’ Stock Analysis page.