tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Close Brothers Issues Treasury Shares to Employee Plan Participants

Story Highlights
  • Close Brothers transferred 973 treasury shares to employees under its share plans.
  • After the transfer the group holds about 1.53 million treasury shares and 150.5 million shares in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Close Brothers Issues Treasury Shares to Employee Plan Participants

Claim 70% Off TipRanks Premium

Close Brothers Group ( (GB:CBG) ) has issued an update.

Close Brothers Group transferred 973 ordinary shares from treasury to participants in its employee share plans on 7 January 2026, at prices ranging between 243 pence and 371 pence per share. Following this transaction, the company now holds 1,529,818 ordinary shares in treasury and has 150,530,472 shares in issue excluding treasury shares, reflecting a routine adjustment to its capital structure linked to staff incentives rather than a material change in its overall share base.

The most recent analyst rating on (GB:CBG) stock is a Hold with a £529.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.

Spark’s Take on GB:CBG Stock

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

The score is held back primarily by weakening profitability (revenue decline and a net loss) and rising leverage, despite a notable rebound in operating/free cash flow. Technicals are supportive with a strong uptrend but appear overbought, and valuation is constrained by a negative P/E and no dividend yield data.

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

More about Close Brothers Group

Close Brothers Group is a UK-listed financial services company that issues ordinary shares and operates employee share plans as part of its remuneration and incentive structure for staff.

Average Trading Volume: 457,288

Technical Sentiment Signal: Hold

Current Market Cap: £783.5M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1