25th Sep 2019 15:21
(Alliance News) - Media company Future PLC on Wednesday said Atlanta-based Invesco Ltd has slashed its stake in the company by 5%.
In a transaction on Friday last week, Invesco lowered its holding in Future to 4.9% from a fraction under 10%. With a market capitalisation of around GBP1.04 billion, a 5% stake would be worth GBP52 million.
Future shares were 4.0% lower on Wednesday afternoon at 1,248.00 pence each.
By George Collard; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
Future