secwatch.observer — SEC 8-K summary
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Issuer:     Burford Capital Ltd (BUR)
CIK:        0001714174
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001714174-25-000060
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Burford authorizes $20M share buyback and buys back $57.2M of 6.125% 2025 bonds
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- Board authorized up to $20M share repurchase to fund deferred compensation plan obligations; open market purchases under Rule 10b-18.
- Repurchased $57.2M principal amount of 6.125% bonds due Aug 2025; purchased bonds will be cancelled.
- Outstanding 2025 bonds reduced to $122.8M after cancellation; issuer may make further purchases.
- Share repurchase limited to 21.86M shares under existing shareholder authority; program may be modified or terminated at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1714174/000171417425000060/0001714174-25-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1714174/000171417425000060/bur-20250317.htm
  HTML page:      https://secwatch.observer/filing/0001714174-25-000060

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