tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

McBride Cancels 17,270 Shares in Ongoing London Buyback Programme

Story Highlights
McBride Cancels 17,270 Shares in Ongoing London Buyback Programme

Claim 70% Off TipRanks This Holiday Season

McBride ( (GB:MCB) ) has provided an announcement.

McBride plc has repurchased 17,270 of its 10 pence ordinary shares on 19 December 2025 via Investec Bank at a volume-weighted average price of 143.8034 pence, as part of its ongoing share buyback programme. The shares, bought on the London Stock Exchange within a price range of 143.00 to 144.60 pence, will be cancelled, reducing the number of ordinary shares in issue to 177,605,358 and leaving 42,041 ordinary shares in treasury alongside 594,610,458 non-voting B shares; this move marginally tightens the company’s free float and confirms that treasury-held voting rights now represent just 0.02% of the total, a reference point for investors monitoring their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:MCB) stock is a Buy with a £138.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Spark’s Take on GB:MCB Stock

According to Spark, TipRanks’ AI Analyst, GB:MCB is a Outperform.

McBride’s overall stock score is driven by strong corporate events and earnings call highlights, including strategic initiatives and dividend reinstatement. While financial performance shows areas for improvement, the attractive valuation and positive technical indicators support a favorable outlook.

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

More about McBride

McBride plc is a UK-listed company whose capital structure comprises ordinary shares and a large number of non-cumulative redeemable preference B shares, with the ordinary shares representing the full voting rights of the business on the London Stock Exchange.

Average Trading Volume: 484,789

Technical Sentiment Signal: Strong Buy

Current Market Cap: £250.3M

For a thorough assessment of MCB stock, go to 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