tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Macfarlane Group PLC Advances Share Buyback Program with Recent Share Cancellation

Story Highlights
Macfarlane Group PLC Advances Share Buyback Program with Recent Share Cancellation

Elevate Your Investing Strategy:

The latest announcement is out from Macfarlane ( (GB:MACF) ).

Macfarlane Group PLC has announced the purchase and cancellation of 90,000 ordinary shares as part of its ongoing share buyback program, which was initiated in May 2025. This transaction, executed through Shore Capital Stockbrokers Limited, results in a total issued share capital of 158,867,200 ordinary shares, impacting the company’s voting rights structure. The move is part of Macfarlane’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in its financial position.

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 player 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 goods. 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: 435,944

Technical Sentiment Signal: Sell

Current Market Cap: £154.6M

See more insights into MACF 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