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Brooks Macdonald ( (GB:BRK) ) has shared an announcement.
Brooks Macdonald announced the purchase and cancellation of 4,000 ordinary shares as part of its Share Buyback programme. The buyback reflects the company’s strategy to optimize its capital structure, and the total voting rights now stand at 16,502,539 shares. This move could impact shareholder interests and aligns with the company’s growth and market positioning strategies.
More about Brooks Macdonald
Brooks Macdonald Group plc is a prominent UK-based provider of wealth management services. Established in 1991 and listed on AIM since 2005, the company is known for its financial strength and innovative offerings, such as the Managed Portfolio Service and bespoke income solutions. It serves clients with a wide range of products tailored to individual financial goals, and it plans to move its listing to the Main Market of the London Stock Exchange in March 2025.
YTD Price Performance: -12.84%
Average Trading Volume: 45,548
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £234.8M
Learn more about BRK stock on TipRanks’ Stock Analysis page.