tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Brooks Macdonald Executes Share Buyback, Adjusts Share Capital

Story Highlights
Brooks Macdonald Executes Share Buyback, Adjusts Share Capital

Meet Your ETF AI Analyst

Brooks Macdonald ( (GB:BRK) ) just unveiled an update.

Brooks Macdonald Group plc has executed a share buyback, purchasing 2,791 of its ordinary shares at 1,740.00 pence per share, which will be cancelled. This transaction reduces the company’s total issued share capital to 15,877,209 shares, impacting the voting rights and shareholding calculations for stakeholders under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:BRK) stock is a Hold with a £1850.00 price target. To see the full list of analyst forecasts on Brooks Macdonald stock, see the GB:BRK Stock Forecast page.

Spark’s Take on GB:BRK Stock

According to Spark, TipRanks’ AI Analyst, GB:BRK is a Outperform.

Brooks Macdonald’s overall stock score is driven by its strong financial performance and positive corporate events. While technical indicators support a bullish outlook, challenges in profitability and valuation metrics are balanced by a strong dividend yield and strategic corporate actions.

To see Spark’s full report on GB:BRK stock, click here.

More about Brooks Macdonald

Brooks Macdonald Group plc is a leading provider of wealth management services in the UK, serving independent financial advisors (IFAs) and clients since 1991. The company is known for its innovative investment solutions and strong financial performance, aiming to support clients’ financial objectives with products like the Managed Portfolio Service.

Average Trading Volume: 21,222

Technical Sentiment Signal: Strong Buy

Current Market Cap: £276.4M

Find detailed analytics on BRK 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