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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
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Share Price: 339.05
Bid: 338.15
Ask: 339.00
Change: -1.90 (-0.56%)
Spread: 0.85 (0.251%)
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
11 Apr 2022 17:01

LONDON MARKET CLOSE: Nervy trade in Europe but CAC spared by Macron

(Alliance News) - European markets started an abbreviated trading week with trepidation on Monday, ahead of a key few days on the inflationary and central bank front.

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11 Apr 2022 12:02

LONDON MARKET MIDDAY: CAC moves green for Macron, FTSE 100 lags

(Alliance News) - Stocks in Europe were having a mixed day on Monday, with the FTSE 100 feeling the weight of a poor UK GDP reading, but the CAC 40 in Paris gaining as investors in France show confidence in President Emmanuel Macron - as he looks set to extend his time in office.

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11 Apr 2022 09:01

LONDON MARKET OPEN: "Fragile" UK economy stutters in February

(Alliance News) - Stocks in London got off to a slow start on Monday following a disappointing update from the UK economy.

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11 Apr 2022 08:40

TOP NEWS: Ascential shares soar as it mulls possible break-up

(Alliance News) - Ascential PLC on Monday confirmed it is actively discussing "the merits" of separating some of its assets.

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11 Apr 2022 07:46

LONDON MARKET PRE-OPEN: UK February GDP comes in behind expectations

(Alliance News) - Stocks in London are geared to open the shortened week on the back foot, as rising inflation in China adds to worries of a global recession ahead.

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11 Apr 2022 07:04

Ascential mulling group break up

(Sharecast News) - Information and data company Ascential on Monday confirmed it was considering a break-up of the group.

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15 Mar 2022 09:42

LONDON BROKER RATINGS: Kepler Cheuvreux cuts Whitbread and raises IHG

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

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2 Mar 2022 11:14

Ascential shares up on 50% boost to revenue and narrowed losses

(Alliance News) - Ascential PLC shares were in demand on Thursday as it announced strong growth last year as Covid pressures eased.

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2 Mar 2022 08:05

Ascential FY results beat expectations as all segments record growth

(Sharecast News) - Ascential, the owner of Cannes Lions, reported a rise in full-year earnings and revenue on Wednesday following growth in all four of its segments.

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28 Jan 2022 09:59

LONDON BROKER RATINGS: Barclays lifts ITV and S4 Capital to Overweight

LONDON BROKER RATINGS: Barclays lifts ITV and S4 Capital to Overweight

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6 Jan 2022 09:51

LONDON BROKER RATINGS: Citi cuts Relx; Berenberg lifts WH Smith

LONDON BROKER RATINGS: Citi cuts Relx; Berenberg lifts WH Smith

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16 Dec 2021 11:22

Ascential sells consultancy brand MediaLink to United Talent Agency

Ascential sells consultancy brand MediaLink to United Talent Agency

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16 Dec 2021 07:09

Ascential sells MediaLink in $125m deal

(Sharecast News) - Ascential has sold its MediaLink division in a $125m cash deal, the FTSE 250 firm announced on Thursday.

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15 Nov 2021 08:53

Ascential buys Walmart e-commerce partner WhyteSpyder

Ascential buys Walmart e-commerce partner WhyteSpyder

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15 Nov 2021 08:06

Ascential buys e-commerce software business WhyteSpyder

(Sharecast News) - Ascential has bought WhyteSpyder, an e-commerce software and digital merchandising business which helps brands succeed on Walmart's digital marketplace, for an undisclosed sum.

Read more

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