Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

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: 330.00
Bid: 330.00
Ask: 330.65
Change: -10.95 (-3.21%)
Spread: 0.65 (0.197%)
Open: 341.00
High: 349.50
Low: 326.05
Prev. Close: 340.95
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
1 Nov 2021 09:40

Ascential expands in China through acquisition of 4K Miles

Ascential expands in China through acquisition of 4K Miles

Read more
1 Nov 2021 07:54

Ascential buys digital commerce firm 4K Miles for undisclosed sum

(Sharecast News) - Information, analytics and eCommerce company Ascential said it was buying 4K Miles, a digital commerce advertising and marketplace insights business for an undisclosed sum.

Read more
8 Oct 2021 09:40

LONDON BROKER RATINGS: Barclays raises Ascential; HSBC upgrades Pennon

LONDON BROKER RATINGS: Barclays raises Ascential; HSBC upgrades Pennon

Read more
8 Oct 2021 08:06

LONDON BRIEFING: Royal Mail expands in Canada, land of Mid-Nite Sun

LONDON BRIEFING: Royal Mail expands in Canada, land of Mid-Nite Sun

Read more
13 Sep 2021 10:33

Ascential buys US e-commerce content optimisation firm OneSpace

Ascential buys US e-commerce content optimisation firm OneSpace

Read more
13 Sep 2021 07:23

Ascential buys content optimisation business OneSpace

(Sharecast News) - Specialist information and analytics company Ascential said on Monday that it has bought OneSpace, a content optimisation business serving brands trading on eCommerce marketplaces, for an undisclosed sum.

Read more
4 Aug 2021 09:35

LONDON BROKER RATINGS: Goldman Sachs says buy Just Eat Takeaway.com

LONDON BROKER RATINGS: Goldman Sachs says buy Just Eat Takeaway.com

Read more
28 Jul 2021 15:22

Liberum raises target price on Ascential following earnings

(Sharecast News) - Analysts at Liberum raised their target price on media firm Ascential from 410.0p to 500.0p on Wednesday after the group's digital commerce unit's recent outperformance.

Read more
28 Jul 2021 10:07

BROKER RATINGS: HSBC lifts Intertek and Dunelm; Peel raises FirstGroup

BROKER RATINGS: HSBC lifts Intertek and Dunelm; Peel raises FirstGroup

Read more
27 Jul 2021 16:57

LONDON MARKET CLOSE: FTSE slips; NY in red ahead of Apple, Microsoft

LONDON MARKET CLOSE: FTSE slips; NY in red ahead of Apple, Microsoft

Read more
27 Jul 2021 14:56

Media firm Ascential raises GBP153 million in share placing

Media firm Ascential raises GBP153 million in share placing

Read more
27 Jul 2021 09:39

BROKER RATINGS: JPMorgan raises Flutter; Liberum cuts Sumo

BROKER RATINGS: JPMorgan raises Flutter; Liberum cuts Sumo

Read more
27 Jul 2021 08:59

LONDON MARKET OPEN: Europe tumbles on open and Reckitt shares dive

LONDON MARKET OPEN: Europe tumbles on open and Reckitt shares dive

Read more
27 Jul 2021 08:03

Ascential raises £153.0m via share placing, swings to interim operating profit

(Sharecast News) - Media firm Ascential said on Tuesday that it had raised £153.0m via a share placing as part of an effort to fund its pipeline of acquisitions and also revealed that it had swung to an interim reported operating profit.

Read more
26 Jul 2021 17:36

TOP NEWS: Ascential loss slims; launches share placing as it eyes M&A

TOP NEWS: Ascential loss slims; launches share placing as it eyes M&A

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.