Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAscential Share News (ASCL)

Share Price Information for Ascential (ASCL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 332.00
Bid: 330.50
Ask: 331.00
Change: -4.50 (-1.34%)
Spread: 0.50 (0.151%)
Open: 334.00
High: 336.00
Low: 330.00
Prev. Close: 336.50
ASCL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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%

More News
3 Apr 2020 12:35

Friday broker round-up

(Sharecast News) - National Grid: Deutsche Bank downgrades to hold with a target price of 910p.

Read more
3 Apr 2020 10:33

UK WINNERS & LOSERS SUMMARY: Transport Firms Rise On UK Government Aid

UK WINNERS & LOSERS SUMMARY: Transport Firms Rise On UK Government Aid

Read more
3 Apr 2020 08:47

LONDON MARKET OPEN: Shell And BP Retrace But Bus Operators Cheer Aid

LONDON MARKET OPEN: Shell And BP Retrace But Bus Operators Cheer Aid

Read more
3 Apr 2020 08:44

Virus Outbreak Forces Ascential To Cancel Cannes Lions Festival

Virus Outbreak Forces Ascential To Cancel Cannes Lions Festival

Read more
3 Apr 2020 07:40

LONDON MARKET PRE-OPEN: Bus Firms Welcome Help; Ryanair Numbers Halve

LONDON MARKET PRE-OPEN: Bus Firms Welcome Help; Ryanair Numbers Halve

Read more
3 Apr 2020 07:20

Ascential pulls dividend, cans Cannes Lions

(Sharecast News) - Ascential said it was pulling its final 4p dividend and cancelling the Cannes Lions advertising conference in response to the coronavirus pandemic as it saw "significant disruption" across the marketing and communications industry.

Read more
1 Apr 2020 09:33

UK BROKER RATINGS SUMMARY: HSBC Raises M&B, Marston's And Wetherspoon

UK BROKER RATINGS SUMMARY: HSBC Raises M&B, Marston's And Wetherspoon

Read more
24 Mar 2020 15:25

Ascential Pushes Back Amsterdam Conference To September Amid Covid-19

Ascential Pushes Back Amsterdam Conference To September Amid Covid-19

Read more
19 Mar 2020 09:30

UK BROKER RATINGS SUMMARY: Jefferies Ups Taylor Wimpey, Barratt To Buy

UK BROKER RATINGS SUMMARY: Jefferies Ups Taylor Wimpey, Barratt To Buy

Read more
18 Mar 2020 18:36

Ascential Delays Cannes Lions Festival; Suspends Share Buyback

Ascential Delays Cannes Lions Festival; Suspends Share Buyback

Read more
18 Mar 2020 13:03

Ascential postpones Cannes festival, puts buyback on hold

(Sharecast News) - Ascential said on Wednesday that the Cannes film festival will be pushed back from June to October 2020 due to the coronavirus pandemic, as it announced it was putting its share buyback on hold and refraining from reconfirming its guidance.

Read more
17 Mar 2020 09:23

UK BROKER RATINGS SUMMARY: Goldman Sachs Raises Pearson And Informa

UK BROKER RATINGS SUMMARY: Goldman Sachs Raises Pearson And Informa

Read more
11 Mar 2020 12:55

Ascential Not Currently Planning To Defer Summer Events In Europe

Ascential Not Currently Planning To Defer Summer Events In Europe

Read more
10 Mar 2020 09:38

UK BROKER RATINGS SUMMARY: Bernstein Upgrades easyJet And Ryanair

UK BROKER RATINGS SUMMARY: Bernstein Upgrades easyJet And Ryanair

Read more
25 Feb 2020 13:15

Tuesday broker round-up

(Sharecast News) - Redrow: Jefferies upgrades to buy with a target price of 981p.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.