The latest announcement is out from Burford Capital ( (GB:BUR) ).
Burford Capital announced a share repurchase program authorized by its board of directors to buy back up to $20 million of its ordinary shares. This initiative is linked to Burford’s Deferred Compensation Plan and aims to manage future obligations, with shares potentially being used for compensation plans. The program will be executed in the U.S. under specific regulatory guidelines and can be adjusted by Burford based on market conditions, reflecting the company’s strategic approach to managing its equity and compensation structures.
More about Burford Capital
Burford Capital is a leading global finance and asset management firm focused on law. It offers litigation finance, risk management, asset recovery, and a variety of legal finance and advisory services. The company is publicly traded on the New York Stock Exchange and the London Stock Exchange, and operates from offices in major cities including New York, London, and Hong Kong.
YTD Price Performance: 1.35%
Average Trading Volume: 154,024
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.3B
See more insights into BUR stock on TipRanks’ Stock Analysis page.