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Share Price: 3,292.00

Bid: 3,282.00

Ask: 3,292.00

Change: 20.00 (0.61%)

Spread: 10.00 (0.305%)

Open: 3,284.00

High: 3,304.00

Low: 3,258.00

Prev. Close: 3,272.00

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IN BRIEF: Spectris begins first part of GBP150 million share buyback

Wed, 13th Dec 2023 09:43

Spectris PLC - London-based supplier of high-tech instruments, test equipment and software for industrial applications - Commences first tranche of up to GBP150 million buyback programme announced on Monday. Company will repurchase a maximum of 8.2 million shares for total consideration of GBP50.0 million. Spectris on Monday said it sold its Red Lion Controls unit for USD345 million.

Current stock price: 3,616.00 pence, up 0.4% on Wednesday morning in London

12-month change: up 13%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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Latest Share Chat

Spectris Share News (SXS)

Share Price Information for Spectris (SXS)

IN BRIEF: Spectris begins first part of GBP150 million share buyback

LONDON BROKER RATINGS: Berenberg cuts Stock Spirits to Hold from Buy

Tuesday broker round-up

BROKER RATINGS: Berenberg raises Rightmove to Hold from Sell

BROKER RATINGS: Credit Suisse raises Next; Barclays lifts Croda

Spectris bumps up payout as it swings to interim profit

Spectris reports near doubling in H1 profit, aiming for margins above 18 per cent

BROKER RATINGS: Citi resumes Melrose at Buy; Peel cuts Pets At Home

UK earnings, trading statements calendar - next 7 days

BROKER RATINGS: Citigroup prefers Beazley over Hiscox and Lancashire

BROKER RATINGS: Morgan Stanley cuts Wizz Air but upgrades easyJet

Spectris completes Concurrent Real-Time purchase for USD166.7 million

BROKER RATINGS: Jefferies cuts British Land and Landsec to Hold

UK dividends calendar - next 7 days

EXECUTIVE CHANGES: Long-serving Cranswick chair Davey to step down

EXECUTIVE CHANGES: Resolute confirms CEO; Headlam taps ex-Wickes CEO

Latest Share Chat

Spectris Share News (SXS)

Share Price Information for Spectris (SXS)

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IN BRIEF: Spectris begins first part of GBP150 million share buyback

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