Intended Purchases of Ordinary Shares in Connection with the Deferred Compensation Plan
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Burford Capital Limited has announced a share repurchase program to buy back up to $20 million of its ordinary shares. This move is in connection with its Deferred Compensation Plan and is authorized by the board of directors.
March 17, 2025 | 11:15 am
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Burford Capital's board has authorized a $20 million share repurchase program to support its Deferred Compensation Plan. This could potentially increase the stock's value by reducing the number of shares outstanding.
The share repurchase program is likely to have a positive impact on Burford Capital's stock price as it reduces the number of shares outstanding, potentially increasing the value of remaining shares. The program is significant as it involves a substantial amount of $20 million.
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IMPORTANCE 80
RELEVANCE 100