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Macfarlane ( (GB:MACF) ) just unveiled an announcement.
Macfarlane Group PLC announced the purchase and cancellation of 107,000 ordinary shares as part of its ongoing share buyback program, which was initiated on 15 May 2025. This transaction, executed through Shore Capital Stockbrokers Limited, results in the company’s issued share capital consisting of 158,957,200 ordinary shares. The move reflects Macfarlane’s strategic efforts to manage its capital structure and potentially enhance shareholder value. The cancellation of shares affects the total voting rights in the company, which stakeholders can use to assess their interests under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:MACF) stock is a Buy with a £145.00 price target. To see the full list of analyst forecasts on Macfarlane stock, see the GB:MACF Stock Forecast page.
Spark’s Take on GB:MACF Stock
According to Spark, TipRanks’ AI Analyst, GB:MACF is a Outperform.
Macfarlane’s overall score is driven by strong financial performance and attractive valuation. However, bearish technical indicators and recent profit warnings highlight potential risks. The stock benefits from a strategic share buyback, which enhances its capital structure.
To see Spark’s full report on GB:MACF stock, click here.
More about Macfarlane
Macfarlane Group PLC, listed on the London Stock Exchange since 1973, is a prominent entity in the UK packaging industry with over 70 years of experience. The company operates through two main divisions: Packaging Distribution, which is the leading UK distributor of protective packaging products, and Manufacturing Operations, a market leader in designing and producing protective packaging for high-value and fragile products. Headquartered in Glasgow, Scotland, Macfarlane employs over 1,000 people across 43 sites in the UK, Ireland, Germany, and the Netherlands, serving more than 20,000 customers primarily in the UK and Europe.
Average Trading Volume: 430,238
Technical Sentiment Signal: Sell
Current Market Cap: £155M
Learn more about MACF stock on TipRanks’ Stock Analysis page.