Burford Capital Issues New Shares Under LTIP

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

Burford Capital has announced the issuance of 9,168 new ordinary shares to fulfill the vesting of restricted share units under its 2016 Long Term Incentive Plan. These shares will be listed on both the AIM market of the London Stock Exchange and the New York Stock Exchange, with the total number of voting rights in the company now standing at 218,811,591. This issuance reflects Burford’s ongoing commitment to its incentive plans and may influence shareholder calculations regarding their interests in the company.

The most recent analyst rating on (GB:BUR) stock is a Buy with a £18.00 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 stock score reflects a combination of solid balance sheet health and positive earnings call insights, which are tempered by technical analysis indicators showing mixed signals. Corporate events further support stability, while valuation metrics remain 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 offers services in litigation finance, risk management, asset recovery, and a variety of legal finance and advisory activities. Burford is publicly traded on both the New York Stock Exchange and the London Stock Exchange, and operates through a global network of offices, collaborating with companies and law firms worldwide.

Average Trading Volume: 445,813

Technical Sentiment Signal: Hold

Current Market Cap: £2.09B

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