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Pin to quick picksAscential Share News (ASCL)

Share Price Information for Ascential (ASCL)

London Stock Exchange
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Share Price: 332.00
Bid: 330.50
Ask: 331.00
Change: 0.00 (0.00%)
Spread: 0.50 (0.151%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 332.00
ASCL Live PriceLast checked at -

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FTSE 250 movers: Media stocks Future and Ascential see shares surge

Thu, 04th Apr 2024 14:26

(Sharecast News) - Future stole the show on Thursday after the media group reported a return to organic revenue growth in its second quarter, largely attributed to robust performances in Go.Compare, B2B sectors, and resilient magazine sales.

The FTSE 250 specialist publisher said challenges were persisting in affiliate products and digital advertising, but that it was confident in its ability to meet expectations for the full 2024 financial year, pending any impact from foreign exchange translation.

Also in demand was Ascential, the B2B media and events company, after expanding on plans to return £850m to shareholders. The return involves a tender offer to acquire up to £300m of Ascential shares, a special dividend of at least £450m, and on-market share buyback programmes to acquire £100m of Ascential shares. Shares jumped 3%.

Aston Martin Lagonda Global was performing well, rising more than 3% on the same day that Swedish carmaker Volvo reported its best-ever single month of sales in March, with unit deliveries up a quarter on the year before.

OSB Group led the fallers list after going ex-dividend, meaning that new shareholders won't be entitled to the company's latest dividend payout. Breedon, Hammerson and Domino's were also ex-dividend.

Meat, seafood and meat alternatives group Hilton Foods was in the red, pulling back after a decent gain the previous session after it reported a 20% increase in full-year adjusted profits, helped by the turnaround in its seafood business.

Power generation business Drax edged higher after revealing it had signed a new £150m term-loan facility to help refinance its debt which expires next year.

FTSE 250 - Risers

Future (FUTR) 662.00p 10.43%

Pagegroup (PAGE) 477.80p 6.04%

Mitie Group (MTO) 111.20p 5.10%

Dr. Martens (DOCS) 96.45p 3.93%

Wizz Air Holdings (WIZZ) 2,248.00p 3.88%

Close Brothers Group (CBG) 442.40p 3.41%

Ascential (ASCL) 315.20p 3.28%

Aston Martin Lagonda Global Holdings (AML) 167.10p 3.28%

Mobico Group (MCG) 65.60p 2.90%

SDCL Energy Efficiency Income Trust (SEIT) 60.50p 2.89%

FTSE 250 - Fallers

OSB Group (OSB) 367.40p -2.96%

Hammerson (HMSO) 27.76p -2.73%

Hilton Food Group (HFG) 848.00p -2.30%

Breedon Group (BREE) 381.50p -2.18%

Domino's Pizza Group (DOM) 339.80p -1.96%

Lancashire Holdings Limited (LRE) 603.00p -1.95%

Barr (A.G.) (BAG) 574.00p -1.88%

Trustpilot Group (TRST) 189.80p -1.76%

Britvic (BVIC) 793.50p -1.55%

Finsbury Growth & Income Trust (FGT) 834.00p -1.42%

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3 Jun 2020 13:56

Wednesday broker round-up

(Sharecast News) - Johnson Matthey: JP Morgan upgrades to buy.

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3 Jun 2020 10:03

UK BROKER RATINGS SUMMARY: Jefferies Ups M&S To Buy, Cuts B&M To Hold

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26 May 2020 09:48

UK BROKER RATINGS SUMMARY: Goldman Cuts Ascential To Neutral From Buy

UK BROKER RATINGS SUMMARY: Goldman Cuts Ascential To Neutral From Buy

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26 May 2020 08:15

LONDON BRIEFING: Aston Martin Shares Jump As Mercedes Exec Brought In

LONDON BRIEFING: Aston Martin Shares Jump As Mercedes Exec Brought In

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18 May 2020 15:58

Director dealings: Ascential CEO ups stake

(Sharecast News) - Ascential revealed on Monday that chief executive Duncan Painter had acquired 42,951 ordinary shares in the FTSE 250-listed software firm.

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18 May 2020 13:46

UK DIRECTOR DEALINGS SUMMARY: Novacyt Chair And CEO Step In To Buy

UK DIRECTOR DEALINGS SUMMARY: Novacyt Chair And CEO Step In To Buy

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29 Apr 2020 16:04

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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29 Apr 2020 09:35

Ascential Can "Weather" Covid-19 As Bank Covenants Ease And Costs Cut

Ascential Can "Weather" Covid-19 As Bank Covenants Ease And Costs Cut

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29 Apr 2020 08:49

Ascential agrees covenant amendments to shore up finances

(Sharecast News) - Ascential announced a further shoring up of its finances in the face of the Covid-19 crisis on Wednesday, agreeing amendments to its lending covenants with its banks to see it through the possibility of an event-free year.

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14 Apr 2020 09:50

UK BROKER RATINGS SUMMARY: Barclays Raises Centrica And Cuts SSE

UK BROKER RATINGS SUMMARY: Barclays Raises Centrica And Cuts SSE

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7 Apr 2020 09:29

UK BROKER RATINGS SUMMARY: UBS Raises National Grid And Cuts Centrica

UK BROKER RATINGS SUMMARY: UBS Raises National Grid And Cuts Centrica

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6 Apr 2020 15:32

FTSE 250 movers: GVC expected to come through, Playtech down as Covid-19 hits key markets

(Sharecast News) - Bakkavor was at the top of the leaderboard at the start of the holiday-shortened trading week, bouncing back after the heavy selling seen at the end of the prior week.

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6 Apr 2020 12:56

Berenberg lowers target price on Ascential following Cannes Lions cancellation

(Sharecast News) - Analysts at Berenberg lowered their target price on exhibition and festivals media specialist Ascential from 300.0p to 240.0p on Monday, stating that with events being "off the table" for the immediate future, so too were earnings.

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6 Apr 2020 12:43

Monday broker round-up

(Sharecast News) - Anglo American: RBC Capital Markets downgrades to sector perform with a target price of 1,500p.

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6 Apr 2020 09:35

UK BROKER RATINGS SUMMARY: RBC Cuts Anglo And Anto; Goldman Ups BHP

UK BROKER RATINGS SUMMARY: RBC Cuts Anglo And Anto; Goldman Ups BHP

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