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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: 344.00
Bid: 343.50
Ask: 344.00
Change: 3.05 (0.89%)
Spread: 0.50 (0.146%)
Open: 341.00
High: 349.50
Low: 335.60
Prev. Close: 340.95
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%

More News
30 Oct 2023 11:56

LONDON MARKET MIDDAY: Investors buy ahead of interest rate decisions

(Alliance News) - Stock prices in London were firmly up at midday on Monday, as investors awaited this week's central bank decisions in Japan, the US and the UK.

Read more
30 Oct 2023 09:36

Ascential shares jump on sale of businesses for GBP1.2 billion cash

(Alliance News) - Ascential PLC on Monday said that it has agreed to sell its digital commerce business to Omnicom Group Inc and its product design business to funds advised by Apax Partners LLP.

Read more
30 Oct 2023 09:00

LONDON MARKET OPEN: Stocks rise; Ascential surges on disposals

(Alliance News) - Stock prices in London opened higher on Monday, as investors anticipated the week's central bank meetings, and considered the latest events in the Middle East.

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30 Oct 2023 07:17

Ascential to sell digital commerce business, WGSN for £1.4bn

(Sharecast News) - Ascential said on Monday that it has agreed to sell its digital commerce business and its product design business, WGSN, for a combined £1.4bn.

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4 Oct 2023 16:33

London close: Stocks finish in the red after raft of global data

(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.

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4 Oct 2023 12:43

Consortium tables offer for Ascential's events arm - report

(Sharecast News) - A consortium of strategic and financial investors has reportedly approached Ascential with a bid to take over its Cannes Lions and other events operations.

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29 Sep 2023 22:00

Ascential confirms exclusive talks with Apax over possible WGSN sale

(Alliance News) - Ascential PLC on Friday confirmed press reports that it is in exclusive discussions with Apax Partners in relation to the sale of WGSN.

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29 Sep 2023 16:15

London close: Stocks finish firmer after upward revision to UK GDP

(Sharecast News) - Stocks in London ended the week on an optimistic note as investors took time to assess many indicators, including encouraging news regarding the UK's economic growth.

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29 Sep 2023 08:11

Apax in exclusive talks to buy WGSN from Ascential - report

(Sharecast News) - Ascential shares shot higher on Friday morning following a report that a major buyout firm is in talks to buy its consumer data business, WGSN.

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25 Sep 2023 09:13

LONDON BROKER RATINGS: Jefferies raises AstraZeneca to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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22 Sep 2023 16:57

LONDON MARKET CLOSE: Europe struggles as New York recovers

(Alliance News) - Blue-chip stocks in Europe closed largely lower on Friday, as interest rate worries in the US kept a lid on enthusiasm at the end of the week.

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22 Sep 2023 11:48

LONDON MARKET MIDDAY: FTSE 100 picks up on hopes BoE rates have peaked

(Alliance News) - Stock prices in London mostly picked up at midday Friday, after investors shook off the steep falls suffered on Wall Street.

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22 Sep 2023 10:06

Ascential celebrates strong revenue growth as loss narrows

(Alliance News) - Ascential PLC on Friday reported strong organic revenue growth in its latest half year, particularly from its Events division, and said strategic plans to help ensure long-term success are "well advanced."

Read more
22 Sep 2023 09:37

Ascential swings to small first-half operating profit

(Sharecast News) - Information, analytics and e-commerce company Ascential reported a positive trajectory in first-half revenue growth on Friday, as well as a strategic positioning to bolster its long-term success.

Read more
22 Sep 2023 08:42

LONDON MARKET OPEN: Stocks slip after central bank rate calls

(Alliance News) - Stock prices in London opened lower on Friday, but managed to avoid the steep declines seen in New York, as investors mulled over an eventful week dominated by central bank decisions.

Read more

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