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Brooks Macdonald Executes Share Buyback, Cancels 9,000 Shares

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Brooks Macdonald Executes Share Buyback, Cancels 9,000 Shares

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The latest update is out from Brooks Macdonald ( (GB:BRK) ).

Brooks Macdonald Group plc has executed a share buyback, purchasing 9,000 of its ordinary shares at 1,770.00 pence each, as part of its ongoing Share Buyback programme. The shares will be cancelled, reducing the company’s total issued share capital to 16,014,539 shares. This move is expected to impact the company’s share capital structure 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 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. Established in 1991, the company is known for its independent and financially robust operations, offering innovative investment solutions to Independent Financial Advisors (IFAs) and clients. Brooks Macdonald is recognized for its Managed Portfolio Service and aims to deliver consistent investment performance to meet clients’ financial objectives.

Average Trading Volume: 40,310

Technical Sentiment Signal: Buy

Current Market Cap: £278M

For detailed information about BRK stock, go to TipRanks’ Stock Analysis page.

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