Welcome to our dedicated page for Burford Capital news (Ticker: BUR), a resource for investors and traders seeking the latest updates and insights on Burford Capital stock.
Burford Capital Limited (NYSE: BUR) serves as a leading global finance specialist in legal funding solutions. This dedicated news hub provides investors and legal professionals with essential updates on litigation finance developments, corporate announcements, and strategic business moves.
Access authoritative reporting on case outcomes, portfolio performance, and regulatory developments affecting the legal finance sector. Our curated collection includes earnings disclosures, capital allocation decisions, and risk management innovations central to Burford's unique business model.
Key content focuses on case funding milestones, law firm partnerships, judgment enforcement activities, and financial results. Stay informed about developments in Burford's principal finance segment and asset management services through verified press releases and objective market analysis.
Bookmark this page for streamlined access to critical updates impacting Burford's position in legal finance markets. Regularly updated content ensures professionals maintain current awareness of factors influencing litigation investment outcomes and corporate strategy.
Burford Capital announced the results of its 2024 Annual General Meeting held on May 15, 2024. All resolutions were approved by shareholders, including a final dividend of 6.25¢ per share to be paid on June 14, 2024, to shareholders registered by May 24, 2024. Resolutions included receiving the 2023 financial accounts, re-electing directors, re-appointing Ernst & Young LLP as auditors, and authorizing directors for share issuance and market acquisitions. The approval rates were overwhelmingly positive, with the majority of votes in favor and minimal opposition.
Burford Capital's latest study, released on May 15, 2024, explores how senior legal and finance leaders across various industries manage litigation spend, legal cost, risk management, and department value optimization. Based on interviews with 400 professionals from ten industry sectors, the study highlights how economic, political, and societal changes influence legal strategies. Key findings include significant expected increases in litigation spend in construction, mining, pharma, and food sectors. Additionally, leaders in these sectors plan to innovate legal finance and technology. The study underscores a shift from legal departments being cost centers to sources of capital, exemplified by Burford's $325 million deal with a Fortune 500 company.
Burford Capital reports its first quarter 2024 results, showing highest cash receipts, realized gains, and continued case conclusions with moderate new business activity. The total revenues reflect expected business timing, while operating expenses decreased. The financial position remained stable, with a slight decrease in equity. The company provided detailed financial metrics and operational reviews for Q1 2024, highlighting positive and negative aspects of the business.
Burford Capital announces the release of its 1Q24 financial results on May 13, 2024, along with details for a conference call for investors and analysts. The company urges participants to dial in early to avoid access delays and offers a webcast link for remote viewing.
FAQ
What is the current stock price of Burford Capital (BUR)?
What is the market cap of Burford Capital (BUR)?
