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Brooks Macdonald Executes Share Buyback Amidst Strategic Market Transition

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Brooks Macdonald Executes Share Buyback Amidst Strategic Market Transition

Brooks Macdonald ( (GB:BRK) ) has provided an announcement.

Brooks Macdonald Group plc has executed a share buyback, purchasing 2,000 ordinary shares at 1,420 pence each, as part of its ongoing Share Buyback programme. This move reduces the company’s total issued share capital to 16,475,539 shares, potentially impacting shareholder calculations under FCA’s Disclosure Guidance and Transparency Rules.

More about Brooks Macdonald

Brooks Macdonald Group plc is a prominent UK-based provider of wealth management services, established in 1991 and listed on AIM since 2005. Known for its innovative approach, the company offers a wide range of tailored investment solutions, including Managed Portfolio Service (MPS) and bespoke income solutions, to meet clients’ evolving financial needs. Brooks Macdonald is set to transition its listing to the Main Market of the London Stock Exchange in March 2025.

YTD Price Performance: -12.24%

Average Trading Volume: 49,967

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £236M

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

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