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InterContinental Hotels Group PLC Announces Share Repurchase Transaction
November 21, 2024 08:02 AM GMT| By Team Kalkine MediaHighlights:,The Company repurchased 20,000 ordinary shares through Goldman Sachs International on the London Stock Exchange.,The repurchased shares are planned for cancellation, reducing the total number of shares in circulation.,Following the repurc...
Imperial Brands Faces Alteration in Key Shareholder Role
November 20, 2024 01:37 PM GMT| By Team Kalkine MediaHighlights:,The Capital Group Companies, Inc. has adjusted its voting rights, now holding 10.99% of Imperial Brands' shares.,This shift in shareholder structure may influence the company's future strategic decisions.,The change in ownership could imp...
COO of Vistry Leaves After Position is Removed
November 20, 2024 01:16 PM GMT| By Team Kalkine MediaHighlights:,Vistry's Chief Operating Officer, Earl Sibley, to leave the company after his role is removed from the structure.,Concerns raised over Greg Fitzgerald's dual roles as CEO and Chair, with a shareholder vote against his reappointment.,Vistr...
Victoria’s Decline to £60m Results in Additional £47k Loss for Insiders
November 20, 2024 01:07 PM GMT| By Team Kalkine MediaHighlights:,Insiders at Victoria PLC acquired shares worth £62.6k at an average price of £2.06 over the past year, but recent stock price decline has reduced the value of their holdings by 27%.,CEO Philippe Hamers made the largest insider purchase, a...
ProCook Group (LSE:PROC) Faces Risks in Allocating Its Capital
November 20, 2024 01:03 PM GMT| By Team Kalkine MediaHighlights:,ProCook Group’s Return on Capital Employed (ROCE) stands at 9.1%, below the industry average of 12%.,The company has been reinvesting into the business, though sales have remained relatively flat in the last year.,ProCook Group’s stock ha...
Dunelm Finalizes Purchase of Homefocus in Ireland for Undisclosed Amount
November 20, 2024 09:53 AM GMT| By Team Kalkine MediaHighlights:,Dunelm has acquired Homefocus, an Irish soft furnishings chain trading under the 'Home Focus at Hickeys' brand.,Homefocus operates 13 stores across Ireland and has an online presence, providing Dunelm with access to a new market.,The acqu...
Kingfisher’s Upcoming Trading Update: Anticipated Strengths and Potential Risks
November 19, 2024 02:33 PM GMT| By Team Kalkine MediaHighlights:,Positive UK Performance:,B&Q and Screwfix likely to report solid trading figures.,Easier French Comparatives:,French operations expected to benefit from favorable year-on-year comparisons.,Romanian Exit on the Horizon:,Plans to exit the l...
Ofwat’s Final Determination Could Bring Leeway for UK Water Companies
November 19, 2024 02:33 PM GMT| By Team Kalkine MediaHighlights:,Outcome Delivery Incentives (ODIs) Adjustment:,Ofwat’s ODI framework may see a more balanced approach based on sector performance insights.,Positive Revisions on Totex:,Potential upward adjustments in total expenditure allowances could be...
Nestlé Restructures to Accelerate Growth and Spin Off Beverage Division
November 19, 2024 12:42 PM GMT| By Team Kalkine MediaHighlights:,$2.8 Billion Cost-Cutting Plan:,Nestlé announces a restructuring plan to cut costs while boosting organic sales growth to 4%.,Focus on Core Brands:,Increased investment in advertising for iconic products like Kit Kat, Nescafe, and Maggi.,...
Imperial Brands records FY profit growth, fueled by strong new product performance
November 19, 2024 12:31 PM GMT| By Team Kalkine MediaHighlights:,Imperial Brands posts a 4.5% increase in full-year adjusted operating profit.,Revenues from new products, including vapes and nicotine pouches, surged by 26%.,The company anticipates continued profit growth driven by its tobacco and new p...
InterContinental Hotels Group PLC manages transaction in its own shares
November 19, 2024 12:13 PM GMT| By Team Kalkine MediaHighlights:,InterContinental Hotels Group (IHG) repurchased 10,000 of its ordinary shares on November 18, 2024.,The shares were acquired through Goldman Sachs International (GSI) on the London Stock Exchange.,The purchased shares will be cancelled, r...
Jet2 PLC lifts non-UK ownership ceiling to 49%
November 19, 2024 12:08 PM GMT| By Team Kalkine MediaHighlights:,Jet2 PLC raises the maximum allowable non-UK ownership from 45% to 49%.,The decision aims to safeguard the company’s operating rights and maintain access to key international routes.,Currently, non-UK shareholders hold approximately 39% o...
Dalata Hotel Group finalizes €21 million sale of Clayton Whites Hotel in Wexford
November 19, 2024 11:49 AM GMT| By Team Kalkine MediaHighlights:,Dalata Hotel Group agrees to sell Clayton Whites Hotel Wexford to Neville Hotels for €21 million.,The sale is part of Dalata’s broader strategy, with proceeds from the transaction contributing to the company's share buyback programme.,Dal...
Revolution Beauty makes positive strides despite ongoing challenges and financial loss
November 19, 2024 11:41 AM GMT| By Team Kalkine MediaHighlights:,Revolution Beauty reports pre-tax losses of £10.9 million for the half-year to August 31, following a 20% decline in sales.,The company is making progress in its revamp strategy, with core product sales rising 6% overall, and a 16% increa...
Cairn Homes Plc executes transaction in its own shares
November 19, 2024 11:36 AM GMT| By Team Kalkine MediaHighlights:,Cairn Homes Plc repurchased 300,000 of its ordinary shares on 18 November 2024.,The shares were purchased across Euronext Dublin and the London Stock Exchange, with a volume-weighted average price of €2.12 and £1.77 per share, respectivel...
Revolution Beauty’s financial loss offset by 'encouraging progress' in operations
November 19, 2024 10:32 AM GMT| By Team Kalkine MediaHighlights:,Revolution Beauty reports a loss,: The company posts pre-tax losses of £10.9 million for the first half of the year, reversing a profit from the previous year.,Sales decline due to stock write-offs and product simplification,: A 20% drop...
ASOS CEO enjoys large salary boost as online retailer reports higher losses
November 19, 2024 10:10 AM GMT| By Team Kalkine MediaHighlights:,Asos CEO receives a 44% pay increase,: Jose Antonio Ramos Calamonte's remuneration rises despite the company reporting wider losses.,Company faces challenges with stock overhang,: Asos grapples with a £1.1bn stock issue, leading to a 16%...
Imperial Brands' operations in emerging markets are expanded
November 19, 2024 09:40 AM GMT| By Team Kalkine MediaHighlights:,Imperial Brands reports stable financial performance,: Despite a slight decline in revenues, profits rise, and dividends increase.,Manolete Partners posts record revenues but slips to a loss,: The insolvency specialist sees growth in reve...
Dalata Hotel Group plc (DHP:IRE) Sells Clayton Whites Hotel Wexford for €21 Million
November 19, 2024 07:44 AM GMT| By Team Kalkine MediaHighlights:,Dalata Hotel Group sells Clayton Whites Hotel Wexford to Neville Hotels for €21 million.,Proceeds from the sale, along with other transactions, will be used for a share buyback program.,The sale aligns with Dalata’s strategic focus on mai...
Associated British Foods Wraps Up Share Buyback Transaction
November 18, 2024 06:01 PM GMT| By Team Kalkine MediaHighlights:,Associated British Foods repurchases 124,000 shares as part of its ongoing buyback program.,Shares were acquired through UBS AG London Branch at prices between 2,169 and 2,194 pence.,The repurchased shares will be cancelled, reflecting th...
