IN BRIEF: McBride starts GBP20 million share buyback on Monday

Mon, 01st Dec 2025 11:28

McBride PLC - Manchester, England-based private-label products manufacturer - Starts on Monday the GBP20 million share buyback it announced late last month. McBride says a GBP10 million first tranche of the buyback will be completed by April 30. The first half of the tranche will be run by Investec Bank PLC and the second by Peel Hunt LLP. Up to 8.7 million shares will be purchased, and all of these will be cancelled.

McBride notes that its interim results on February 24 will include a strategy update that will set out the company's capital needs in the coming years and provide a view on its future capital allocation.

Current stock price: 126.00 pence, up 1.8% in London on Monday for GBP244.9 million market capitalisation

12-month change: up 16%

By Tom Waite, Alliance News editor

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