McBride Cancels 19,303 Shares Under Ongoing Buyback Programme

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

McBride plc has repurchased 19,303 ordinary shares of 10 pence each on 2 January 2026 via Investec Bank at prices between 142.40p and 145.00p, at a volume-weighted average price of 144.2832p, as part of its previously announced share buyback programme. The shares, bought on the London Stock Exchange under a non-discretionary agreement with Investec, will be cancelled, reducing the number of voting ordinary shares in issue to 177,358,045 and leaving 42,041 ordinary shares in treasury and 594,610,458 non-voting B Shares outstanding, a change that marginally increases existing shareholders’ proportional voting interests and clarifies the denominator for regulatory disclosure thresholds.

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 ordinary shares trade on the London Stock Exchange. The group also has a large issuance of non-cumulative redeemable preference shares (“B Shares”), which do not carry voting rights other than in the event of a winding-up of the company, meaning equity control is effectively exercised through its ordinary share capital.

Average Trading Volume: 486,555

Technical Sentiment Signal: Strong Buy

Current Market Cap: £253.5M

Learn more about MCB stock on TipRanks’ Stock Analysis page.