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Brooks Macdonald Executes Share Buyback, Adjusts Share Capital

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Brooks Macdonald Executes Share Buyback, Adjusts Share Capital

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

Brooks Macdonald Group plc has executed a share buyback, purchasing 5,000 ordinary shares at a price of 1,405.00 pence per share, as part of its ongoing Share Buyback programme. This transaction reduces the company’s total issued share capital to 16,462,539 shares, impacting the voting rights and shareholding calculations for stakeholders under the FCA’s Disclosure Guidance and Transparency Rules.

More about Brooks Macdonald

Brooks Macdonald Group plc is a prominent UK-based wealth management services provider, known for its independent and financially robust operations. Established in 1991 and listed on AIM since 2005, the company is recognized for its innovative products like the Managed Portfolio Service (MPS) and bespoke income solutions. Brooks Macdonald is committed to delivering consistent investment performance to meet clients’ financial objectives and plans to move its listing to the Main Market of the London Stock Exchange in March 2025.

YTD Price Performance: -16.12%

Average Trading Volume: 52,618

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £225.6M

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

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