McBride Cancels Newly Repurchased Shares as Buyback Programme Continues

McBride ( (GB:MCB) ) just unveiled an announcement.

McBride plc has executed a further tranche of its share buyback programme, repurchasing 42,984 ordinary shares on 6 January 2026 via Investec Bank at a volume-weighted average price of 144.97 pence, with prices ranging between 144.40 pence and 145.00 pence. The company will cancel the repurchased shares, reducing its ordinary share capital in issue (excluding treasury shares) to 177,281,920 and setting the total voting rights at the same level, a move that slightly increases existing shareholders’ proportional ownership and clarifies the denominator to be used for any future disclosure obligations under the UK’s Disclosure and 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 tranche of non-cumulative redeemable preference shares (“B Shares”), the latter carrying no voting rights except in a winding-up. Its ordinary shares are listed on the London Stock Exchange and constitute the company’s core voting equity base for public shareholders.

Average Trading Volume: 486,666

Technical Sentiment Signal: Strong Buy

Current Market Cap: £246.1M

See more data about MCB stock on TipRanks’ Stock Analysis page.