tiprankstipranks
Brooks Macdonald Executes Share Buyback, Reducing Share Capital
Company Announcements

Brooks Macdonald Executes Share Buyback, Reducing Share Capital

Story Highlights

Invest with Confidence:

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

Brooks Macdonald has executed a share buyback program, purchasing 5,000 of its own shares at a price of 1,480 pence per share, which will be subsequently cancelled. This transaction reduces the company’s total share capital to 16,515,539 shares, potentially impacting shareholder calculations under FCA’s Disclosure Guidance and Transparency Rules.

More about Brooks Macdonald

Brooks Macdonald Group plc is a leading provider of wealth management services in the UK, offering a broad range of products to support clients throughout their lives. Trading on AIM since 2005, the company is known for its innovation, including the development of the Managed Portfolio Service and bespoke income solutions. Brooks Macdonald plans to move its listing to the Main Market of the London Stock Exchange in March 2025.

YTD Price Performance: -13.43%

Average Trading Volume: 45,001

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £239.9M

Find detailed analytics on BRK stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App