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Brown Advisory US Smaller Companies PLC Announces Share Repurchase

Story Highlights
  • Brown Advisory US Smaller Companies PLC repurchased 2,960 ordinary shares for treasury.
  • The company’s issued share capital is now 18,223,413, with 11,512,090 shares relevant for market reporting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brown Advisory US Smaller Companies PLC Announces Share Repurchase

Elevate Your Investing Strategy:

Brown Advisory US Smaller Companies PLC GBP ( (GB:BASC) ) has provided an update.

Brown Advisory US Smaller Companies PLC has repurchased 2,960 of its ordinary shares at a price of 1304.76 pence each to be held in treasury. This transaction affects the company’s issued share capital, which now stands at 18,223,413 ordinary shares, with 6,711,323 shares held in treasury. For market reporting, the relevant share count is 11,512,090, excluding treasury shares, which is crucial for stakeholders monitoring their interest in the company.

Spark’s Take on GB:BASC Stock

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

Brown Advisory US Smaller Companies PLC exhibits strong financial stability with no debt and a solid P/E ratio, suggesting undervaluation. However, technical indicators point to bearish momentum, and negative cash flows raise concerns. Recent corporate events are positive but do not heavily influence the overall score due to the lack of immediate impact on fundamental performance.

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

More about Brown Advisory US Smaller Companies PLC GBP

Average Trading Volume: 15,049

Technical Sentiment Signal: Buy

See more data about BASC stock on TipRanks’ Stock Analysis page.

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