Latest Share Chat

Virgin Money Uk Share News (VMUK)

Virgin Money Uk Information

Buy VMUK Shares
Add VMUK to Watchlist
Add VMUK to Alert

Share Price Information for Virgin Money Uk (VMUK)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 213.60

Bid: 213.60

Ask: 213.80

Change: -0.40 (-0.19%)

Spread: 0.20 (0.094%)

Open: 213.80

High: 214.20

Low: 213.60

Prev. Close: 214.00

Last checked at -

Virgin Money UK to be reimbursed GBP87 million after calling off buyback

Tue, 02nd Apr 2024 10:58

(Alliance News) - Virgin Money UK PLC on Tuesday said it has cancelled the remainder of its buyback programme with immediate effect.

In March, the Newcastle-based lender said that it was suspending a GBP150 million buyback programme after agreeing to the terms of a cash acquisition by Nationwide Building Society.

Under the programme, the company has so far returned GBP63 million to shareholders.

Following confirmation of the Nationwide takeover on March 21, Virgin Money has cancelled the remaining GBP87 million of the buyback program, now fully deducted during the first quarter from its common equity tier 1 capital resources.

The company now expects a CET1 ratio benefit of GBP87 million in the second quarter.

Virgin Money shares were up 1.1% to 216.20 pence each in London on Tuesday morning.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

5 May 2022 11:41

Virgin Money resumes interim dividend amid "significant" profit surge

(Alliance news) - Virgin Money UK PLC on Thursday reinstated its interim payout and posted a sharp profit rise.

5 May 2022 09:32

LONDON BROKER RATINGS: HSBC raises Ocado to 'hold' from 'reduce'

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

5 May 2022 08:35

Lending boosts profits at Virgin Money, macro outlook uncertain

(Sharecast News) - Virgin Money UK reported a 58% surge in underlying profit before tax in its interim numbers on Thursday to £388m, as its margin on lending expanded, although it noted an uncertain macroeconomic outlook.

28 Apr 2022 16:05

UK earnings, trading statements calendar - next 7 days

Friday 29 April
Alphawave IP Group PLC	Q1 Results
AstraZeneca PLC	Q1 Results
Computacenter PLC	Q1 Results
Industrials REIT Ltd	Trading Statement
Kingspan Group PLC	Trading Statement
NatWest Group PLC	Q1 Results
Nostrum Oil & Gas PLC	Full Year Results
Pearson PLC	Q1 Results
Reckitt Benckiser Group PLC	Q1 Results
Rotork PLC	Trading Statement
Smurfit Kappa Group PLC	Q1 Results
Travis Perkins PLC	Q1 Results
UP Global Sourcing PLC	Half Year Results
Monday 2 May
no events scheduled
Tuesday 3 May
Blackrock Greater Europe Investment Trust PLC	Half Year Results
BP PLC	Q1 Results
Camellia PLC	Full Year Results
Card Factory PLC	Full Year Results
Cardiff Property PLC	Half Year Results
Intelligent Ultrasound Group PLC	Full Year Results
Learning Technologies Group PLC	Full Year Results
McColl's Retail Group PLC	Full Year Results
Wednesday 4 May
Andrews Sykes Group PLC	Full Year Results
Apax Global Alpha Ltd	Trading Statement
Aston Martin Lagonda Global Holdings PLC	Q1 Results
boohoo Group PLC	Full Year Results
Dianomi PLC	Full Year Results
Direct Line Insurance Group PLC	Trading Statement
e-Therapeutics PLC	Full Year Results
Flutter Entertainment PLC	Q1 Results
International Personal Finance PLC	Trading Statement
JD Wetherspoon PLC	Trading Statement
Johnson Service Group PLC	Trading Statement
OSB Group PLC	Trading Statement
Personal Group Holdings PLC	Trading Statement
Schroder Oriental Income Fund Ltd	Half Year Results
Smiths News PLC	Half Year Results
Tribal Group PLC	Trading Statement
UK Commercial Property REIT Ltd	Trading Statement
WANdisco PLC	Full Year Results
Thursday 5 May
abrdn Latin American Income Fund Ltd	Half Year Results
AIB Group PLC	Trading Statement
Barratt Developments PLC	Trading Statement
Derwent London PLC	Trading Statement
Domino's Pizza Group PLC	Trading Statement
Endeavour Mining PLC	Q1 Results
Hansard Global PLC	Trading Statement
Helios Towers PLC	Q1 Results
Hiscox Ltd	Trading Statement
IMI PLC	Trading Statement
James Fisher & Sons PLC	Trading Statement
John Wood Group PLC	Trading Statement
Melrose Industries PLC	Trading Statement
Mondi PLC	Trading Statement
Morgan Advanced Materials PLC	Trading Statement
Morgan Sindall Group PLC	Trading Statement
Next PLC	Trading Statement
Rathbones Group PLC	Trading Statement
Reach PLC	Trading Statement
Shell PLC	Q1 Results
Trainline PLC	Full Year Results
Trifast PLC	Trading Statement
Tyman PLC	Trading Statement
Virgin Money UK PLC	Half Year Results
Vitec Group PLC	Trading Statement
Wheaton Precious Metals Corp	Q1 Results

Copyright 2022 Alliance News Limited. All Rights Reserved.

5 Apr 2022 09:45

LONDON BROKER RATINGS: Barclays downgrades Lloyds and Virgin Money

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

31 Mar 2022 08:48

LONDON BROKER RATINGS: JPMorgan upgrades M&G and Phoenix Group

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

29 Mar 2022 11:34

JP Morgan cuts rating on Barclays

(Sharecast News) - The positive investment case for British banks is starting to weaken, JP Morgan said on Tuesday, as it reiterated Lloyds Banking Group as its top pick but cut its rating on Barclays.

29 Mar 2022 08:36

LONDON BROKER RATINGS: JPMorgan cuts Barclays and raises Virgin Money

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

24 Mar 2022 11:14

BoE may delay bank capital move because of Ukraine war

(Sharecast News) - The Bank of England is considering delaying plans to tighten banks' capital requirements because of concerns created by Russia's invasion of Ukraine.

9 Mar 2022 10:19

LONDON BROKER RATINGS: Deutsche cuts ITV; Citi raises SSE to buy

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

8 Mar 2022 16:07

UK earnings, trading statements calendar - next 7 days

Wednesday 9 March
888 Holdings PLC	Full Year Results
Alfa Financial Software Holdings PLC	Full Year Results
Biffa PLC	Full Year Results
Breedon Group PLC	Full Year Results
Costain PLC	Full Year Results
Foresight Solar Fund Ltd	Full Year Results
Headlam Group PLC	Full Year Results
Ibstock PLC	Full Year Results
Kier Group PLC	Full Year Results
Legal & General Group PLC	Full Year Results
Network International Holdings PLC	Full Year Results
Prudential PLC	Full Year Results (at 0400 GMT)
Quilter PLC	Full Year Results
Somero Enterprises Inc	Full Year Results
STV Group PLC	Full Year Results
TClarke PLC	Full Year Results
TT Electronics PLC	Full Year Results
Tullow Oil PLC	Full Year Results
Thursday 10 March
AMTE Power PLC	Half Year Results
Balfour Beatty PLC	Full Year Results
Boohoo Group PLC	Trading Statement
Brooks Macdonald Group PLC	Half Year Results
Capital Ltd	Full Year Results
DS Smith PLC	Q3 Results
Forterra PLC	Full Year Results
Funding Circle Holdings PLC	Full Year Results
Hill & Smith Holdings PLC	Full Year Results
IG Group Holdings PLC	Full Year Results
James Fisher & Sons PLC	Full Year Results
Just Group PLC	Full Year Results
National Express Group PLC	Full Year Results
Oakley Capital Investments Ltd	Full Year Results
Savills PLC	Full Year Results
Secure Income REIT PLC	Full Year Results
Spirax-Sarco Engineering PLC	Full Year Results
Spirent Communications PLC	Full Year Results
Volution Group PLC	Half Year Results
Friday 11 March
Berkeley Group Holdings PLC	Trading Statement
SIG PLC	Full Year Results
Monday 14 March
Abcam PLC	Full Year Results
Bodycote PLC	Full Year Results
Craneware PLC	Half Year Results
Fonix Mobile PLC	Half Year Results
Hostmore PLC	Full Year Results
Phoenix Group Holdings PLC	Full Year Results
Stelrad Group PLC	Full Year Results
Tuesday 15 March
Aptitude Software Group PLC	Full Year Results
Close Brothers Group PLC	Half Year Results
DFS Furniture PLC	Half Year Results
Ferguson PLC	Half Year Results
Genel Energy PLC	Full Year Results
Genuit Group PLC	Full Year Results
Informa PLC	Full Year Results
Litigation Capital Management Ltd	Half Year Results
Malin Corp PLC	Full Year Results
Petrofac Ltd	Full Year Results
Smart Metering Systems PLC	Full Year Results
Tissue Regenix Group PLC	Full Year Results
TI Fluid Systems PLC	Full Year Results
TP ICAP PLC	Full Year Results
Ultra Electronics Holdings PLC	Full Year Results
Virgin Wines UK PLC	Half Year Results

Copyright 2022 Alliance News Limited. All Rights Reserved.

4 Mar 2022 16:50

Director dealings: Virgin Money finance chief picks up some shares

(Sharecast News) - Virgin Money UK's finance chief, Clifford Abrahams, waded in to pick up some shares in the lender following recent widespread selling in the sector on the back of the conflict in Ukraine.

4 Mar 2022 15:22

UK dividends calendar - next 7 days

Monday 7 March
Henderson Smaller Cos Investment Trust PLC	dividend payment date
PayPoint PLC	dividend payment date
Tuesday 8 March
no events scheduled
Wednesday 9 March
no events scheduled
Thursday 10 March
Alliance Trust PLC	ex-dividend date
Apax Global Alpha Ltd	ex-dividend date
Assura PLC	ex-dividend date
Athelney Trust PLC	ex-dividend date
BMO Capital & Income Investment Trust PLC	ex-dividend date
BMO Real Estate Investments Ltd	ex-dividend date
Chemring Group	ex-dividend date
Evraz PLC	ex-dividend date
Foresight Group Holdings Ltd	ex-dividend date
Galliford Try Holdings PLC	ex-dividend date
HSBC Holdings PLC	ex-dividend date
Independent Investment Trust PLC	ex-dividend date
Independent Investment Trust PLC	special ex-dividend date
Land Securities Group PLC	ex-dividend date
Law Debenture Corp	ex-dividend date
London Finance & Investment Group PLC	ex-dividend date
LondonMetric Property PLC	ex-dividend date
Micro Focus International PLC	ex-dividend date
Persimmon PLC	dividend payment date
PZ Cussons PLC	ex-dividend date
Renishaw PLC	ex-dividend date
Ricardo PLC	ex-dividend date
Rio Tinto PLC	ex-dividend date
Rio Tinto PLC	special ex-dividend date
Ruffer Investment Co Ltd	ex-dividend date
SDCL Energy Efficiency Income Trust PLC	ex-dividend date
SSE plc	dividend payment date
Temple Bar Investment Trust PLC	ex-dividend date
Triple Point Social Housing REIT PLC	ex-dividend date
Tritax Big Box REIT Plc	ex-dividend date
Friday 11 March
Avon Protection PLC	dividend payment date
Civitas Social Housing PLC	dividend payment date
Impact Healthcare REIT PLC	dividend payment date
Virgin Money UK PLC	dividend payment date

Copyright 2022 Alliance News Limited. All Rights Reserved.

24 Feb 2022 15:09

IN BRIEF: Hargreaves Lansdown's new CFO buys GBP100,000 in shares

Hargreaves Lansdown PLC - Bristol-based fund retail investment platform - Chief Financial Officer Amy Stirling buys 9,126 shares at 1,085.77 pence to 1,092.41p, worth GBP99,421, on Tuesday. Stirling joined Hargreaves on Monday, having been CFO of the Virgin Group and a board member of Virgin Money UK PLC. On Tuesday, Hargreaves reported interim results that sent it shares down 15% that day. In the six months to December 31, pretax profit slumped 20% to GBP151.2 million from GBP188.4 million, as revenue slipped to GBP291.1 million from GBP299.5 million.

10 Feb 2022 16:07

Latest Share Chat

Virgin Money Uk Share News (VMUK)

Share Price Information for Virgin Money Uk (VMUK)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Virgin Money UK to be reimbursed GBP87 million after calling off buyback

Login to your account

Quickpicks are a member only feature

Login to your account