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BH Macro Shs GBP ( (GB:BHMG) ) has shared an announcement.
BH Macro Limited has repurchased 284,541 sterling and 9,660 US dollar ordinary shares on the London Stock Exchange from J.P. Morgan Securities and will hold these shares in treasury, a move typically used to manage the company’s capital structure and potential discount to net asset value. Following the buyback, the company now has 314,545,379 sterling and 23,778,591 US dollar ordinary shares in issue (excluding treasury), with total voting rights standing at 480,782,249, a change that marginally alters the ownership profile and could influence liquidity and market pricing 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 company based in Guernsey, investing shareholder capital through a macro-focused strategy and listed in multiple share classes on the London Stock Exchange, including Sterling and US Dollar denominated ordinary shares.
Average Trading Volume: 688,557
Technical Sentiment Signal: Strong Buy
For an in-depth examination of BHMG stock, go to TipRanks’ Overview page.