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Brooks Macdonald ( (GB:BRK) ) has shared an announcement.
Brooks Macdonald Group Plc has executed a share buyback, purchasing 7,000 of its ordinary shares at a price of 1,640.00 pence each, as part of its ongoing Share Buyback programme. This move will result in the cancellation of the purchased shares, adjusting the company’s total issued share capital to 16,049,539 shares. This action reflects the company’s strategic financial management and may influence 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 prominent UK-based provider of wealth management services, established in 1991. The company is known for its innovative investment solutions, serving Independent Financial Advisors (IFAs) and clients with a focus on delivering strong investment performance to meet financial objectives. Brooks Macdonald is recognized for pioneering products such as the Managed Portfolio Service.
Average Trading Volume: 67,112
Technical Sentiment Signal: Buy
Current Market Cap: £257.4M
Find detailed analytics on BRK stock on TipRanks’ Stock Analysis page.