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McBride Reduces Share Capital with Further Buyback and Cancellation

Story Highlights
  • McBride repurchased 86,621 ordinary shares under its ongoing buyback, which will be cancelled.
  • Post-cancellation, voting rights total 176,214,022 shares, adjusting investor disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
McBride Reduces Share Capital with Further Buyback and Cancellation

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An announcement from McBride ( (GB:MCB) ) is now available.

McBride plc has executed a further tranche of its share buyback programme, repurchasing 86,621 ordinary shares on 16 March 2026 via broker Peel Hunt LLP at a volume-weighted average price of 142.26 pence. The company will cancel these shares, leaving 176,214,022 ordinary shares in issue, 42,041 in treasury and 594,610,458 non-voting B Shares outstanding.

The transaction slightly reduces the company’s share count and confirms the ongoing implementation of its non-discretionary buyback agreement first announced in December 2025. Following the cancellations, total voting rights will stand at 176,214,022, a key reference figure for investors tracking their notification thresholds under U.K. Disclosure and Transparency Rules, with treasury-held voting rights representing 0.02% of the total.

The most recent analyst rating on (GB:MCB) stock is a Hold with a £165.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.

Spark’s Take on MCB Stock

According to Spark, TipRanks’ AI Analyst, MCB is a Neutral.

The score is led by steady but imperfect financial performance (low net margins, inconsistent revenue, and high leverage offsetting better cash flow), tempered by neutral near-term technical momentum. Valuation is a clear positive with a low P/E and dividend support, and the latest earnings call reinforced a broadly positive outlook with strong cash generation despite manageable SAP and FX-related headwinds.

To see Spark’s full report on MCB stock, click here.

More about McBride

McBride plc is a U.K.-listed company that issues ordinary shares and non-cumulative redeemable preference shares, which trade on the London Stock Exchange. Its capital structure includes voting ordinary shares and B Shares that do not carry voting rights except in limited circumstances related to a potential winding up.

Average Trading Volume: 327,545

Technical Sentiment Signal: Strong Buy

Current Market Cap: £238.1M

Find detailed analytics on MCB stock on TipRanks’ Stock Analysis page.

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