LONDON BROKER RATINGS: Peel Hunt cuts InterContinental Hotels - 'hold'
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Stocks were called lower on Tuesday, while the Office for National Statistics reported that UK unemployment came in higher than expected for the latest quarter. Read More
Glanbia PLC - Kilkenny, Ireland-based sports nutrition - Andrew Shaw, chief executive officer of Glanbia Performance Nutrition International, sells 3,500 at EUR14.68, worth EUR51,380, on Friday in Dublin. Read More
(Alliance News) - Glanbia PLC on Wednesday outlined its growth strategy and associated financial targets from 2026 to 2028 at a capital markets day event, hoping to benefit from fast-growing health and wellness categories. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Glanbia PLC on Wednesday said its Performance Nutrition segment "delivered a very strong performance" as it reported revenue growth. Read More
(Alliance News) - Supreme PLC on Monday announced the acquisition of SlimFast UK & Europe from Glanbia PLC, a Kilkenny, Ireland-based sports nutrition company. Read More
Glanbia PLC - Kilkenny, Ireland-based sports nutrition company - Tirlan Co-operative Society Ltd sells 17.0 million Glanbia shares, as planned, to finance the repurchase of EUR250 million in Tirlan bonds. The shares, representing a 6.8% stake, are sold at EUR13.55 per share, raising EUR230.4 million gross. The share sale to institutional investors is conducted as an accelerated bookbuild led by Goodbody Stockbrokers and J&E Davy. As part of the share sale by Tirlan, Glanbia buys back 7.4 million of the shares, or a 2.9% stake, at the EUR13.55 offer price, for a total of EUR100.0 million, as part of its share buyback programme. It will cancel the repurchased shares. Tirlan retains 43.5 million Glanbia shares - just under an 18% stake following the share cancellations - and remains the largest equity investor in Glanbia. Tirlan says it "continues to be a strong supporter" of Glanbia's strategy. Read More
(Alliance News) - Diversified Energy plans to move its primary listing to New York, Greggs reports slower sales while James Halstead's earnings fall. Read More
Glanbia PLC - Kilkenny, Ireland-based sports nutrition company - Tirlan Co-operative Society Ltd plans to sell up to 17.0 million Glanbia shares, a 7% stake, to finance the repurchase of EUR250 million in Trilan bonds, Glanbia announces after the London market close on Tuesday. The share sale is being conducted as an accelerated bookbuild led by Goodbody Stockbrokers and J&E Davy. Glanbia will participate by purchasing up to 45% of the shares on offer, spending up to EUR100 million, as part of its share buyback programme. The 17 million shares are worth about EUR238.2 million at Tuesday's closing price. Read More
Glanbia PLC - Kilkenny, Ireland-based sports nutrition company - Finishes EUR50 million share buyback scheme commenced on June 4. Notes that the programme was carried out under the EUR100 million buyback authority, reported in February this year. Glanbia completed the first half of the scheme in June. Says broker J&E Davy repurchased a total of 3.8 million shares on Euronext Dublin, in the second half of the programme, with an average purchase price of EUR13.14. Read More
(Alliance News) - Glanbia PLC on Wednesday said it has signed an agreement to sell SlimFast US and "certain other jurisdictions" to Heartland Food Products Group LLC. Read More
(Alliance News) - The FTSE 100 made steady progress on Wednesday, pushing back towards record highs, as hopes grew that the US Federal Reserve will lower interest rates in the coming months. Read More
(Alliance News) - Glanbia PLC on Wednesday raised its earnings outlook reflecting expectations of further growth in the second half of 2025 across the business. Read More
(Alliance News) - Stocks in Europe pushed higher on Wednesday morning, after a favourable US inflation reading boosted stock market sentiment. Read More
Glanbia PLC - Kilkenny, Ireland-based sports nutrition company - Launches a new share buyback programme worth up to EUR50 million. This follows a previous EUR50 million programme that finished on Monday. The buyback is the second half of a EUR100 million programme announced in February. Like the first tranche, the second will be run by broker J&E Davy. It will be completed by the end of 2025. Read More
Glanbia PLC - Kilkenny, Ireland-based sports nutrition company - Announces the completion of its EUR50 million share buyback programme, which it formally commenced on December 16. Between this date and Friday, May 30, it repurchased 4.1 million shares in Dublin at an average price of EUR12.28 each. Glanbia first announced the buyback on November 6, with Chief Executive Officer Hugh McGuire saying the move reflected "our strong cash flows and balance sheet position further increasing our returns to shareholders". Read More