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Brooks Macdonald Executes Share Buyback Program

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Brooks Macdonald Executes Share Buyback Program

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

Brooks Macdonald Group PLC has executed a share buyback program, purchasing 3,000 of its ordinary shares at a price of 1,765.00 pence per share. The purchased shares will be cancelled, reducing the company’s total issued share capital to 15,985,539 shares, which will affect the voting rights and shareholding calculations for stakeholders.

The most recent analyst rating on (GB:BRK) stock is a Buy with a £2068.00 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 overall stock score is driven by its strong financial performance and positive corporate events. While technical indicators support a bullish outlook, challenges in profitability and valuation metrics are balanced by a strong dividend yield and strategic corporate actions.

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 and strong financial performance, offering products like the Managed Portfolio Service to help clients meet their financial objectives.

Average Trading Volume: 32,154

Technical Sentiment Signal: Buy

Current Market Cap: £280.5M

For a thorough assessment of BRK stock, go to TipRanks’ Stock Analysis page.

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