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The latest update is out from Brooks Macdonald ( (GB:BRK) ).
Brooks Macdonald Group plc has executed a share buyback program, purchasing 7,000 ordinary shares at an average price of 1,437.14 pence per share, with all acquired shares set for cancellation. This action will adjust the company’s total issued share capital to 16,487,539 shares, influencing shareholders’ calculations under the FCA’s Disclosure Guidance and Transparency Rules. The move is part of the company’s strategic financial management, potentially impacting its market positioning by demonstrating strong internal capital confidence.
More about Brooks Macdonald
Brooks Macdonald Group plc is a leading provider of wealth management services in the UK, serving clients since 1991 and trading on AIM since 2005. The company is known for its strong financial standing and consistent investment performance, offering a broad and diverse product range including Managed Portfolio Service (MPS) and bespoke income solutions. Brooks Macdonald is recognized as an industry innovator and plans to move its listing to the Main Market of the London Stock Exchange in March 2025.
YTD Price Performance: -13.13%
Average Trading Volume: 44,764
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £233.9M
See more insights into BRK stock on TipRanks’ Stock Analysis page.
