BH Macro Buys Back Sterling Shares for Treasury, Adjusts Voting Rights

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

BH Macro Limited has repurchased 261,240 of its sterling ordinary shares on the London Stock Exchange at a weighted average price of £4.0435 per share, with the intention of holding these shares in treasury. Following this buyback, the company reports 313,746,291 sterling shares and 23,753,391 US dollar shares in issue (excluding treasury), alongside 64,303,633 sterling and 373,277 US dollar shares held in treasury, bringing total voting rights to approximately 479.6 million. The transaction reflects ongoing capital management activity that can support the company’s share price and net asset value per share, and may be viewed by investors as a signal of confidence in the underlying portfolio and the listed fund structure.

The most recent analyst rating on (GB:BHMG) stock is a Buy with a £444.00 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 via its sterling and US dollar share classes on the London Stock Exchange. The company caters to investors seeking alternative, macro-focused investment returns through a listed vehicle structure.

Average Trading Volume: 666,591

Technical Sentiment Signal: Buy

Find detailed analytics on BHMG stock on TipRanks’ Stock Analysis page.