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Pin to quick picksMajedie Inv. Share News (MAJE)

Share Price Information for Majedie Inv. (MAJE)

London Stock Exchange
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Share Price: 245.00
Bid: 244.00
Ask: 246.00
Change: 0.00 (0.00%)
Spread: 2.00 (0.82%)
Open: 245.00
High: 0.00
Low: 0.00
Prev. Close: 245.00
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Majedie is an Investment Trust

To maximise total shareholder return whilst increasing dividends by more than the rate of inflation over the long-term by investing in securities of publicly quoted companies worldwide, though it may invest in unquoted securities.

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IN BRIEF: Majedie NAV per share falls; targets total return growth

Fri, 26th May 2023 12:07

Majedie Investments PLC - London-based investment trust - Says net asset value at par value per share was 245.0 pence at March 31, the end of its first half of the year, down from 257.0p per share a year ago. Notes NAV total return with debt at par value was 14%. Says the company will target total returns of at least 4% above the UK Consumer Price Index under new investment policy.

Current stock price: 199.40 pence, down 1.5% on Friday

12-month change: down 0.7%

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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