Fri, 19th Jul 2019 16:26
(Alliance News) - Royal Mail PLC said Friday Schroders PLC doubled its stake in the letters and parcels delivery firm to 10% after a transaction on Thursday.
FTSE 100-listed investment manager Schroders held 101.1 million shares in FTSE 250-listed Royal Mail after the transaction, equivalent to 10% of the 1.00 billion shares outstanding. Prior to the transaction, Schroders held a 5.4% stake in Royal Mail.
Shares in Royal Mail were 2.5% higher at 221.40 pence in London on Friday.
(Sharecast News) - Numis has trimmed its target price for Schroders after first-quarter results from the asset management firm were "a little weaker t...
Schroders PLC - London-based provider of active asset management, advisory, and wealth management - Assets under management, including joint ventures ...
(Sharecast News) - Schroders reported an uptick in first-quarter assets under management on Thursday.
(Alliance News) - Schroders PLC on Wednesday said Chief Executive Peter Harrison plans to retire next year, after eight years in the role.
Schroders (SDR)