Burford Capital Issues New Shares Under Deferred Compensation Plan

Burford Capital ( (GB:BUR) ) has provided an announcement.

Burford Capital announced the issuance of 139,834 new shares in connection with its Deferred Compensation Plan (DCP) for executives and certain other employees. The shares, distributed to key executives including the CEO, CIO, and Vice Chair, will be admitted to trading on the AIM market of the London Stock Exchange and the New York Stock Exchange. This issuance increases Burford’s total voting rights, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 with a focus on law. The company engages in litigation finance, risk management, asset recovery, and various legal finance and advisory services. It is publicly traded on both the New York Stock Exchange and the London Stock Exchange, serving companies and law firms worldwide through its extensive network of offices.

Average Trading Volume: 352,197

Technical Sentiment Signal: Hold

Current Market Cap: £2.18B

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