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Brown Advisory US Smaller Companies PLC Repurchases Shares

Story Highlights
  • Brown Advisory US Smaller Companies PLC repurchased 5,945 shares at 1350.0 pence each.
  • Post-transaction, the company has 18,223,413 shares issued, with 6,868,516 in treasury.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brown Advisory US Smaller Companies PLC Repurchases Shares

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

Brown Advisory US Smaller Companies PLC has announced a transaction involving the repurchase of 5,945 ordinary shares at a price of 1350.0 pence per share, which will be held in treasury. This transaction affects the company’s issued share capital, now totaling 18,223,413 ordinary shares, with 6,868,516 shares held in treasury. The market should consider the figure of 11,354,897 shares when determining notifications of interest in the company, as per 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 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: 14,933

Technical Sentiment Signal: Strong Buy

For an in-depth examination of BASC stock, go to TipRanks’ Overview page.

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