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Brooks Macdonald Executes Share Buyback, Cancels 11,000 Shares

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Brooks Macdonald Executes Share Buyback, Cancels 11,000 Shares

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Brooks Macdonald ( (GB:BRK) ) just unveiled an announcement.

Brooks Macdonald Group plc has executed a share buyback, purchasing 11,000 of its ordinary shares at 1,760.00 pence per share, as part of its ongoing Share Buyback programme. The purchased shares will be cancelled, reducing the company’s total issued share capital to 16,023,539 shares, which may impact shareholder voting rights calculations under FCA 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 position and positive corporate events significantly boost its overall stock score. Technical indicators suggest cautious optimism, while valuation metrics indicate moderate attractiveness. The absence of specific earnings call data limits analysis but does not detract from the company’s current strategic improvements.

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 innovative investment solutions, including the Managed Portfolio Service, and aims to deliver strong and consistent investment performance to meet clients’ financial objectives.

Average Trading Volume: 43,013

Technical Sentiment Signal: Buy

Current Market Cap: £278.9M

For an in-depth examination of BRK stock, go to TipRanks’ Overview page.

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