Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
McBride ( (GB:MCB) ) has issued an announcement.
McBride plc has repurchased 4,486 of its 10 pence ordinary shares on the London Stock Exchange at a price of 145 pence per share as part of its existing share buyback programme, executed via Investec Bank under a non-discretionary agreement. The repurchased shares will be cancelled, leaving 177,043,198 ordinary shares in issue (excluding treasury shares), 42,041 ordinary shares held in treasury and 594,610,458 B Shares outstanding, resulting in total voting rights of 177,043,198 and a treasury-held voting rights percentage of 0.02%, figures that shareholders can use to assess disclosure obligations under UK transparency rules.
The most recent analyst rating on (GB:MCB) stock is a Buy with a £163.00 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 has a share capital structure that includes both ordinary shares and non-cumulative redeemable preference shares (B Shares), with only the ordinary shares carrying full voting rights at general meetings.
Average Trading Volume: 449,547
Technical Sentiment Signal: Strong Buy
Current Market Cap: £251.8M
Find detailed analytics on MCB stock on TipRanks’ Stock Analysis page.