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Brown Advisory US Smaller Companies PLC Announces Share Buyback

Story Highlights
  • Brown Advisory US Smaller Companies PLC purchased 14,622 shares for treasury.
  • Issued share capital is now 18,223,413 shares, with 11,591,339 considered for market interest.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brown Advisory US Smaller Companies PLC Announces Share Buyback

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An announcement from Brown Advisory US Smaller Companies PLC GBP ( (GB:BASC) ) is now available.

Brown Advisory US Smaller Companies PLC has announced a transaction involving the purchase of 14,622 of its ordinary shares at a price of 1113.62 pence per share, which will be held in treasury. This transaction affects the company’s issued share capital, which now stands at 18,223,413 ordinary shares, with 6,632,074 held in treasury. The market should consider the figure of 11,591,339 shares when determining any changes in interest in the company, as per the FCA’s Disclosure and Transparency Rules.

Spark’s Take on GB:BASC Stock

According to Spark, TipRanks’ AI Analyst, GB:BASC is a Neutral.

Brown Advisory US Smaller Companies PLC shows strong financial stability and proactive management actions to enhance shareholder value. However, the negative cash flow and current bearish market momentum weigh on the overall score. The stock is fairly valued, making it potentially attractive to growth-oriented investors willing to tolerate short-term volatility.

To see Spark’s full report on GB:BASC stock, click here.

More about Brown Advisory US Smaller Companies PLC GBP

YTD Price Performance: -17.86%

Average Trading Volume: 29,388

Technical Sentiment Signal: Strong Buy

Learn more about BASC stock on TipRanks’ Stock Analysis page.

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