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Wed, 24th May 2023 12:45
RS Group PLC - London-based industrial and electronics products distributor - Chief Executive Officer Simon Pryce buys 31,000 shares mostly at GBP8.04, worth GBP248,883, on Tuesday.
Current stock price: 787.40 pence, down 0.7% in London on Wednesday
12-month change: down 13%
By Tom Waite, Alliance News editor
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
(Alliance News) - RS Group PLC on Thursday said it has acquired industrial products distributor Distrelec BV for EUR365 million.
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(Sharecast News) - RBC Capital Markets upgraded RS Group on Monday to 'outperform' from 'sector perform' as it said the risk/reward was now more favourable.
Read more(Alliance News) - RS Group PLC on Wednesday said it anticipates full-year profit to be slightly ahead of consensus expectations and revenue to be in line with estimates.
Read more(Sharecast News) - RS Group shares fell on Wednesday even as the distributor said it expected annual adjusted operating profit to be slightly ahead of estimates after a 1% rise in fourth-quarter like-for-like revenue despite weak electronics sales.
Read more(Alliance News) - RS Group PLC on Tuesday named Simon Pryce as its new chief executive officer, with effect from April 3.
Read more(Sharecast News) - Industrial and electronics products distributor RS Group has tapped former Ultra Electronics boss Simon Pryce to take over as chief executive.
Read more(Sharecast News) - Morgan Stanley initiated coverage of industrial and electric components distributor RS Group on Thursday with an 'equalweight' rating and 950p price target as is pointed to a strong track record of organic growth, improving margins and return on invested capital.
Read more(Alliance News) - RS Group PLC on Tuesday said it expects its annual outturn to be at the top end of consensus, as the industrial and electronic product provider shakes off a "tougher economic backdrop and strong comparatives".
Read more(Sharecast News) - RS Group said it expected full year profit to be towards the top end of consensus estimates after third quarter revenues grew 8% despite a tough economic backdrop.
Read more(Alliance News) - RS Group PLC on Wednesday announced it completed the acquisition of Risoul y Cia SA de CV, which RS in August said was for a cash consideration of USD275 million on a cash-free and debt-free basis.
Read more(Alliance News) - RS Group PLC on Friday said that its chief executive officer resigned with immediate effect, while the chief financial officer will continue as acting CEO.
Read more(Sharecast News) - RS Group said Lindsley Ruth was stepping down as chief executive with immediate effect for personal reasons.
Read more(Sharecast News) - JPMorgan Cazenove downgraded RS Group on Monday to 'underweight' from 'neutral' and cut the price target 820p from 1,050p following the company's first-half results last week.
Read more(Alliance News) - RS Group PLC on Thursday said its Chief Executive Officer Lindsley Ruth will take a leave of absence due to "personal reasons" with immediate effect, and reported "strong" first half performance.
Read more(Sharecast News) - RS Group - formerly Electrocomponents - tumbled on Thursday as it announced that chief executive officer Lindsley Ruth will take a leave of absence with immediate effect for personal reasons.
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