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Pin to quick picksWood Group (J) Share News (WG.)

Share Price Information for Wood Group (J) (WG.)

London Stock Exchange
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Share Price: 147.00
Bid: 147.40
Ask: 147.90
Change: -1.00 (-0.68%)
Spread: 0.50 (0.339%)
Open: 144.60
High: 149.50
Low: 144.60
Prev. Close: 148.00
WG. Live PriceLast checked at -

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Wood Group to cut UK contractor pay by 9%

Fri, 19th Feb 2016 10:59

(ShareCast News) - Wood Group PSN, a division of energy services company Wood Group, plans to cut the pay of around 200 North Sea contractors by 9% as weak oil prices take their toll.The latest reduction follows 10% cuts in May and December of 2014.Managing director for the UK and Africa, James Crawford, said: "This is not a decision we have taken lightly, but we believe it is the right one to proactively meet the continuing cost and resourcing challenges affecting the UK North Sea oil and gas sector."This adjustment to the rates we pay our UK contractors ensures we continue to be competitive within the marketplace."Wood Group PSN operates in more than 40 countries and provides operations and maintenance, engineering, construction, project management, training and decommissioning services to the energy industry.
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2 Jun 2023 11:43

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John Wood investor Sparta Capital calls for buyback again

(Alliance News) - John Wood Group PLC should announce a share buyback programme to reverse its "material undervaluation", a shareholder said on Friday.

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London stocks start week strong as banks, miners rise

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15 May 2023 12:11

Wood Group shares sink after Apollo abandons 1.7 bln pound bid

May 15 (Reuters) - Shares in John Wood Group were on track for their biggest one-day drop on record on Monday after U.S.-based Apollo Global Management said it would not proceed with a takeover of the British engineering services firm on its fifth attempt.

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15 May 2023 11:21

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15 May 2023 10:30

TOP NEWS: John Wood remains confident as Apollo drops takeover bid

(Alliance News) - John Wood Group PLC on Monday said it was "well placed" to deliver value to shareholders and has faith in its long-term prospects, following Apollo Management Holdings LP's announcement that it will not make a takeover offer.

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15 May 2023 09:19

LONDON MARKET OPEN: Currys outperforms; Wood Group plummets

(Alliance News) - Stock prices in London opened higher on Monday, as a strong performance from mining stocks helped to bolster a cautious optimism, despite concerns over the potential of a US debt default.

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15 May 2023 08:58

STOXX firm despite political, debt ceiling jitters

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STOXX FIRM DESPITE POLITICAL, DEBT CEILING JITTERS (0751 GMT)

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15 May 2023 07:56

LONDON BRIEFING: BAT names new CEO; no offer for John Wood Group

(Alliance News) - Stocks in London were set to open higher on Monday, as investors wait for postponed discussions on the US debt ceiling to resume.

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