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Pin to quick picksVolex Share News (VLX)

Share Price Information for Volex (VLX)

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Share Price: 339.00
Bid: 338.00
Ask: 339.00
Change: 1.00 (0.30%)
Spread: 1.00 (0.296%)
Open: 330.00
High: 341.00
Low: 330.00
Prev. Close: 338.00
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Volex to buy Hong Kong-based Ta Hsing for up to $5.5m

Wed, 26th Jun 2019 12:16

(Sharecast News) - Volex, a provider of cable assemblies and power cords, has agreed to buy Hong Kong-based Ta Hsing for up to $5.5m in cash.Ta Hsing currently supplies power cables to Volex and other customers from its main manufacturing site in Shenzhen, where Volex also has a factory.Girish Gopinath, chief financial officer of Volex's power cord division, said: "The acquisition marks an important step in our development from an assembler of power products reliant on third parties for critical components to a more vertically integrated and efficient producer. In addition, it will help us bridge gaps in capabilities, services and footprint."Initially, the Shenzhen facility will serve as our extrusion centre and bring significant innovation and development capability, but the acquisition also brings on board expertise that could, in the longer term, allow us to add additional extrusion capabilities at other sites where we operate, all to the benefit of our customers."At 1315 BST, the shares were up 1.3% at 96.25p.
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18 Jun 2014 09:03

DIRECTOR DEALINGS: Volex Non-Executive Buys 87,500 Shares

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17 Jun 2014 16:05

Boohoo Chairman increases stake after results beat expectations

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17 Jun 2014 09:08

DIRECTOR DEALINGS: Volex Non-Executive Buys 50,000 Shares

LONDON (Alliance News) - Electrical components maker Volex PLC Tuesday said Non-Executive Director Daren Morris bought 50,000 shares at a price of 80.60 pence per share Monday. Following this transaction, Morris holds 80,000 shares, which represents 0.12% stake in the firm. Shares wer

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16 Jun 2014 15:38

Enteq CEO builds stake after posting annual loss

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16 Jun 2014 09:21

DIRECTOR DEALINGS: Volex Chief Executive Buys 63,274 Shares

LONDON (Alliance News) - Volex PLC Monday said Chief Executive Christoph Eisenhardt bought 63,274 shares at a price of 79.02 pence per share Friday. Following this purchase, Eisenhardt will hold a total of 88,274 shares, representing 0.13% of the issued share capital. Shares in the el

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12 Jun 2014 11:55

Volex Pays No Dividend, Sets GBP18.1 Million Placing As Loss Widens

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12 Jun 2014 09:14

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Tuesday broker round-up UPDATE

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