BH Macro Shs GBP ( (GB:BHMG) ) just unveiled an update.
BH Macro Limited announced the purchase of 15,000 of its ordinary Sterling shares on the London Stock Exchange at a price of 396 pence per share. The company plans to hold these shares in treasury, and following this transaction, the total number of voting rights in the company is 515,090,211. This move is part of the company’s strategy to manage its share capital and potentially enhance shareholder value.
Spark’s Take on GB:BHMG Stock
According to Spark, TipRanks’ AI Analyst, GB:BHMG is a Neutral.
BH Macro Limited demonstrates a strong balance sheet and positive corporate actions like share buybacks, but declining revenue, cash flow volatility, and a high P/E ratio weigh down the overall score. The absence of earnings call data limits forward-looking insights.
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 based in Guernsey, focusing on investment management and operating under the laws of Guernsey. The company is involved in purchasing its own shares as part of its financial strategy.
YTD Price Performance: -2.46%
Average Trading Volume: 691,782
Technical Sentiment Signal: Strong Sell
Learn more about BHMG stock on TipRanks’ Stock Analysis page.