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Brooks Macdonald Executes Share Buyback, Adjusts Capital Structure

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Brooks Macdonald Executes Share Buyback, Adjusts Capital Structure

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Brooks Macdonald ( (GB:BRK) ) has shared an update.

Brooks Macdonald Group plc has executed a share buyback, purchasing 10,000 ordinary shares at 1,640.00 pence each, as part of its ongoing Share Buyback programme. This move reduces the company’s total issued share capital to 16,061,539 shares, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:BRK) stock is a Hold with a £2150.00 price target. To see the full list of analyst forecasts on Brooks Macdonald stock, see the GB:BRK Stock Forecast page.

Spark’s Take on GB:BRK Stock

According to Spark, TipRanks’ AI Analyst, GB:BRK is a Outperform.

Brooks Macdonald’s strong financial performance and strategic corporate events significantly boost its stock score. The technical indicators suggest some caution due to overbought conditions. The reasonable valuation and high dividend yield further support the stock’s appeal.

To see Spark’s full report on GB:BRK stock, click here.

More about Brooks Macdonald

Brooks Macdonald Group plc is a leading provider of wealth management services in the UK, serving independent financial advisors (IFAs) and clients since 1991. The company is known for its financial strength and innovative investment solutions, including the Managed Portfolio Service, aimed at helping clients achieve their financial objectives.

Average Trading Volume: 56,543

Technical Sentiment Signal: Buy

Current Market Cap: £257.7M

See more data about BRK stock on TipRanks’ Stock Analysis page.

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