28th Jun 2021 17:57
Pennon Group PLC - Exeter-based water utility - Says shareholders at general meeting approve plans to return GBP1.5 billion via special dividend worth GBP3.55 per share and then consolidate its share capital on a two-for-three basis. Shareholders also vote through plan to initiate an on-market share buyback programme worth up to GBP400 million, which is set to start after payment of the special dividend and conclude before September 30.
Current stock price: 1,149.50 pence
Year-to-date change: up 21%
By Lucy Heming;Â [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Pennon