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IN BRIEF: CAB Payments chair buys shares after US suitor withdraws

13th Nov 2024 11:42

CAB Payments Holdings PLC - London-based payment processing and foreign exchange provider - Chair Ann Cairns buys 400,000 shares at 72.86 pence, worth GBP291,420, on Tuesday. CAB Payments shares lost a quarter of their value on Thursday last week, giving up their takeover premium after StoneX Group Inc, a New York-based provider of clearing and execution services, said it will not make an offer.

Current stock price: 71.60p, up 5.3% in London on Wednesday

12-month change: up 16%

By Tom Waite, Alliance News editor

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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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