Burford Capital Completes Share Purchases for Director Compensation

Burford Capital ( (GB:BUR) ) has shared an update.

Burford Capital Limited announced the completion of purchases of its ordinary shares to satisfy non-employee directors’ awards under its 2021 Non-Employee Directors’ Share Plan. The transaction involved acquiring 29,227 shares on the London Stock Exchange at a blended price of 943.7355p per share. This move reflects Burford’s commitment to compensating its non-employee directors through share grants, potentially impacting the company’s shareholder structure and aligning directors’ interests with those of shareholders.

The most recent analyst rating on (GB:BUR) stock is a Buy with a £22.50 price target. To see the full list of analyst forecasts on Burford Capital stock, see the GB:BUR Stock Forecast page.

Spark’s Take on GB:BUR Stock

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

Burford Capital’s overall score reflects a solid balance sheet with no debt and improved cash flow management. The positive earnings call and supportive corporate events provide an optimistic outlook. However, operational challenges and declining profitability weigh against the stock, keeping the score moderate.

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

More about Burford Capital

Burford Capital is a leading global finance and asset management firm specializing in law. The company offers services in litigation finance, risk management, asset recovery, and a variety of legal finance and advisory activities. It is publicly traded on the New York Stock Exchange and the London Stock Exchange, serving companies and law firms worldwide through its global office network.

Average Trading Volume: 351,576

Technical Sentiment Signal: Hold

Current Market Cap: £2.06B

See more insights into BUR stock on TipRanks’ Stock Analysis page.