McBride Cancels Newly Repurchased Shares as Buyback Programme Continues

McBride ( (GB:MCB) ) has issued an update.

McBride plc has repurchased 57,857 of its 10p ordinary shares on 20 January 2026 via Investec Bank at prices between 138p and 145p, with a volume-weighted average price of 143.97p, 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 total ordinary shares in issue to 177,076,589 and leaving 42,041 ordinary shares held in treasury and 594,610,458 non-voting B shares outstanding, thereby marginally increasing each remaining shareholder’s stake and setting a new denominator for voting-rights and disclosure calculations under UK transparency rules.

The most recent analyst rating on (GB:MCB) stock is a Hold with a £156.00 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 and form the basis of its shareholder voting rights structure, alongside a significant number of non-voting redeemable preference B shares. The company manages its capital structure through share buyback programmes and the use of treasury shares, in line with UK market and disclosure regulations.

Average Trading Volume: 489,913

Technical Sentiment Signal: Strong Buy

Current Market Cap: £249.4M

For detailed information about MCB stock, go to TipRanks’ Stock Analysis page.