Compass Group Share News (CPG)

IN BRIEF: Compass launches first half of USD500 million buyback

Compass Group PLC - FTSE 100 Chertsey, England-based catering and food service provider - Announces deal inked on Friday with BNP Paribas Arbitrage SNC to enable buyback of shares worth up to USD250 million, or GBP197.3 million, between Monday and May 8, 2024. Says 'H1 Buyback' is the initial stage of its USD500 million buyback, which Compass announced alongside its full-year results on November 20. Company is currently authorised to repurchase up to 139.6 million shares pursuant to the H1 Buyback.

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

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

LONDON MARKET CLOSE: FTSE 100 drifts lower as eyes turn to Fed

(Alliance News) - European equities closed mixed in muted trade at the start of the week, with focus turning to Tuesday's Federal Reserve meeting minutes, as investors mull the outlook for US interest rates.

London close: Stocks mixed ahead of Autumn Statement

(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.

LONDON MARKET MIDDAY: Europe mixed before Fed minutes; Bayer plunges

(Alliance News) - European equities were mixed heading into Monday afternoon, in a cautious start to the week ahead of Tuesday's US Federal Reserve meeting minutes and a key UK fiscal policy announcement on Wednesday.

TOP NEWS: Compass "in great shape" as annual sales and profit rise

(Alliance News) - Compass Group PLC on Monday increased its final dividend as revenue and profit surged, and announced a new USD500 million buyback.

Compass shares drop but Shore Capital still sees upside

(Sharecast News) - The share price of Compass took a hit on Monday after the catering group underwhelmed the market with its annual results, but it wasn't enough to deter Shore Capital which reiterated a 'buy' rating on the stock.

Compass hikes dividend after solid growth across the board

(Sharecast News) - Catering giant Compass has hiked its final dividend by 27% after annual profits surged on the back of strong sales growth and margin improvement - though it predicts a substantial slowdown in organic growth in the coming year.

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

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

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Grafton promotes Hays's Susan Murray to senior director

Grafton Group PLC - Dublin-headquartered building materials supplier and DIY retailer - Non-Executive Director Susan Murray will succeed Hampden Smith as senior independent director at the conclusion of its annual general meeting in 2024. Smith will step down from the board after "almost nine years". Murray is also a non-executive director of Hays PLC, and was formerly a non-executive director at Mitchells & Butlers PLC and Compass Group PLC. From 1992 to 1998 she was chief executive officer of the Pierre Smirnoff Co, part of Diageo PLC. Grafton also hires Mark Robson as a non-executive director, effective December 1, to succeed Smith as chair of its Audit & Risk Committee.

IN BRIEF: Whitbread adds Compass chief commercial officer to board

Whitbread PLC - Dunstable, Bedfordshire-based owner of Premier Inn chain of hotels - Appoints the chief commercial officer of Chertsey, Surrey-based catering and food service Compass Group PLC, Shelley Roberts, to its board as a non-executive director. Roberts leads Compass's global clients, mergers & acquisitions, health & safety, sustainability and digital & procurement functions. She previously worked in the travel sector at easyJet PLC, Tiger Airways and Sydney Airport.

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

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.

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

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