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Brooks Macdonald ( (GB:BRK) ) has issued an update.
Brooks Macdonald has executed a share buyback program, purchasing and canceling 2,000 ordinary shares at a price of 1,460 pence per share. This action reduces the company’s total issued share capital to 16,510,539 shares, impacting the voting rights and potentially affecting shareholder calculations regarding their interests. This move is part of the company’s broader strategy to manage its capital structure effectively.
More about Brooks Macdonald
Brooks Macdonald Group plc is a prominent wealth management services provider in the UK, established in 1991. It is known for offering innovative investment solutions tailored to meet clients’ financial goals. The company has been trading on AIM since 2005 and is recognized for its Managed Portfolio Service and bespoke income solutions. It announced plans to move its listing to the Main Market of the London Stock Exchange in March 2025.
YTD Price Performance: -13.43%
Average Trading Volume: 44,884
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £239.9M
See more data about BRK stock on TipRanks’ Stock Analysis page.