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Pin to quick picksCapita Share News (CPI)

Share Price Information for Capita (CPI)

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Share Price: 14.44
Bid: 14.42
Ask: 14.52
Change: 0.08 (0.56%)
Spread: 0.10 (0.693%)
Open: 14.58
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Low: 14.20
Prev. Close: 14.36
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UPDATE 1-Capita to unveil restructuring and 400 mln stg disposal plan -Sky News

Tue, 16th Mar 2021 20:58

(Adds Capita's response)

March 16 (Reuters) - Capita PLC on Wednesday will
unveil a fresh restructuring of the embattled outsourcer, along
with a plan to raise 400 million pounds ($556.04 million) from a
string of disposals, Sky News reported https://bit.ly/38KIV7i on
Tuesday.

Capita, which provides IT-led business services to the
public and private sector, will be reorganised under two core
divisions called government services and customer management,
with a third division to be responsible for managing the
company's non-core businesses, Sky said.

The company has been trying to sell its non-core assets for
the past year to shore up its finances.

Capita declined to comment on the Sky News report.
($1 = 0.7194 pounds)
(Reporting by Radhika Anilkumar in Bengaluru;
Editing by Marguerita Choy and Dan Grebler)

More News
1 Apr 2022 09:24

IN BRIEF: Capita completes sale of Trustmarque to One Equity Partners

Capita PLC - London-based outsourcing services - Completes the sale of its IT services and solutions business Trustmarque to New York-based private equity firm One Equity Partners. Says it received net proceeds of GBP118 million at the completion, which included an additional GBP3 million of contingent consideration.

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22 Mar 2022 15:10

IN BRIEF: Capita picks Diploma and PageGroup chair as its new chair

Capita PLC - London-based outsourcing services - Promotes Senior Independent Director David Lowden to chair, starting at the end of the company's annual general meeting on May 10. Ian Powell will not stand for re-election at the meeting, having served as chair since 2017 and on the board since 2016. Lowden has been senior independent director since the beginning of last year. He also is chair of technical products and services firm Diploma PLC and, until April 30, of recruiter PageGroup PLC. He is senior independent director of construction firm Morgan Sindall Group PLC. Capita is looking for a new senior independent director to replace Lowden.

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22 Mar 2022 07:59

Capita chairman Powell to stand down

(Sharecast News) - Government outsourcer Capita said chairman Ian Powell had decided to step down and would be replaced by senior independent director David Lowden.

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11 Mar 2022 10:21

LONDON BROKER RATINGS: Exane ups Shell; UBS starts Trainline at sell

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

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10 Mar 2022 10:20

Capita swings to annual profit in "year of significant change"

(Alliance News) - Capita PLC said on Thursday swung to a yearly profit and grew its adjusted revenue for the first time in six years.

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10 Mar 2022 07:45

Capita swings to FY profit as revenues nudge up

(Sharecast News) - Outsourcer Capita said on Thursday that it swung to a profit in 2021 as revenue ticked higher for the first time in six years.

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2 Mar 2022 18:18

TOP NEWS: Evraz and Polymetal exit FTSE 100 amid Russia fallout

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, March 21 after completing its quarterly review.

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2 Mar 2022 14:17

IN BRIEF: UK CMA asks for comments on Capita software sale to NEC

Capita PLC - London-based outsourcer - UK regulator the Competition & Markets Authority invites comments on Capita's disposal of its Secure Solutions & Services businesses, Capita (SSS) Ltd and Capita Software (US) LLC, to NEC Software Solutions UK Ltd. The deal, worth GBP62 million and part of Capita's programme of selling non-core businesses, was announced back in October. The CMA is considering whether the transaction will reduce competition in the UK. The probe is open for comments until March 16.

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22 Feb 2022 19:07

easyJet could return to FTSE 100 next month, Dechra may be bumped

(Alliance News) - FTSE Russell late Tuesday indicated that, ahead of next week's quarterly UK index review, airline easyJet PLC could once again fly into the FTSE 100 index, with veterinary products company Dechra Pharmaceuticals PLC bumped out in the process.

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28 Jan 2022 10:42

Capita sells IT services and solutions business for GBP111 million

Capita sells IT services and solutions business for GBP111 million

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28 Jan 2022 09:40

UPDATE 2-UK stocks slip, midcaps mark worst month in nearly two years

* UK midcaps mark worst month since March 2020* Capita sells IT services business for 111 mln pounds* FTSE 100 down 1.2%, FTSE 250 off 1.0% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 28 (Reuters) - British stocks weakened on Fri...

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28 Jan 2022 07:54

LONDON MARKET PRE-OPEN: abrdn to return cash after Phoenix share sale

LONDON MARKET PRE-OPEN: abrdn to return cash after Phoenix share sale

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28 Jan 2022 07:03

Capita hits disposals target as it sells Trustmarque IT business for £111m

(Sharecast News) - Government contractor Capita on Friday said it had sold its Trustmarque IT services business to One Equity Partners for £111m as part of its £700m disposals programme.

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28 Jan 2022 07:03

Capita hits disposals target as it sells Trustmarque IT business for £111m

(Sharecast News) - Government contractor Capita on Friday said it had sold its Trustmarque IT services business to One Equity Partners for £111m as part of its £700m disposals programme.

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5 Jan 2022 12:13

IN BRIEF: UK CMA serves initial enforcement for Capita business sale

IN BRIEF: UK CMA serves initial enforcement for Capita business sale

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