tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

McBride Cancels Newly Repurchased Shares, Updates Voting Rights

Story Highlights
  • McBride repurchased 13,689 ordinary shares under its buyback at around 142p each.
  • Cancellation of these shares trims share capital and updates total voting rights to 177.5m.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
McBride Cancels Newly Repurchased Shares, Updates Voting Rights

Claim 70% Off TipRanks Premium

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

McBride plc has continued its existing share buyback programme by repurchasing 13,689 ordinary shares on 24 December 2025 through Investec Bank at prices between 141.60p and 143.00p per share, at a volume-weighted average price of 142.1858p. The purchased shares will be cancelled, reducing the number of ordinary shares in issue (excluding treasury) to 177,532,031 and leaving 42,041 ordinary shares held in treasury and 594,610,458 B Shares outstanding, thereby slightly increasing earnings per share and clarifying the total voting rights for investors’ disclosure calculations 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 with ordinary shares traded on the London Stock Exchange and a capital structure that includes both voting ordinary shares and non-cumulative redeemable preference shares (B Shares), the latter carrying no general meeting voting rights except on a winding-up resolution.

Average Trading Volume: 485,357

Technical Sentiment Signal: Strong Buy

Current Market Cap: £243.3M

Learn more about MCB stock on 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