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Brooks Macdonald ( (GB:BRK) ) has issued an update.
Brooks Macdonald has executed a share buyback, purchasing 6,000 of its ordinary shares at 1,440 pence each as part of its ongoing Share Buyback programme. This action, which results in a total issued share capital of 16,494,539 shares, reflects the company’s strategy to manage its capital effectively, potentially enhancing shareholder value and positioning the company favorably ahead of its anticipated move to the Main Market of the London Stock Exchange.
More about Brooks Macdonald
Brooks Macdonald Group plc is a leading UK-based provider of wealth management services. Established in 1991 and listed on AIM since 2005, the company offers a diverse range of financial products tailored to meet clients’ evolving needs, including Managed Portfolio Service (MPS) and bespoke income solutions. In January, Brooks Macdonald announced plans to transition its listing to the Main Market of the London Stock Exchange, expected in March 2025.
YTD Price Performance: -13.43%
Average Trading Volume: 44,371
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £233.1M
Find detailed analytics on BRK stock on TipRanks’ Stock Analysis page.
