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Brooks Macdonald Executes Share Buyback, Refines Capital Structure
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Brooks Macdonald Executes Share Buyback, Refines Capital Structure

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Invest with Confidence:

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

Brooks Macdonald Group PLC has executed a share buyback program, purchasing 3,000 ordinary shares at 1,460 pence per share, which will be canceled. This action reduces the total issued share capital to 16,512,539 shares, affecting shareholder calculations under FCA rules and reinforcing the company’s financial strategy ahead of its planned move to the Main Market of the London Stock Exchange.

More about Brooks Macdonald

Brooks Macdonald Group plc is a leading provider of wealth management services in the UK, serving clients since 1991. The company is known for its innovative approach, offering a broad range of products, including Managed Portfolio Service (MPS) and bespoke income solutions. Trading on AIM since 2005, Brooks Macdonald is preparing to move its listing to the Main Market of the London Stock Exchange in March 2025.

YTD Price Performance: -13.43%

Average Trading Volume: 44,884

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £239.9M

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

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