Telecom Plus Share News (TEP)
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Wed, 22nd Nov 2023 11:35
Telecom Plus PLC - London-based multi-utility supplier - Launches buyback of own shares for a consideration of up to GBP10 million from Wednesday. Says all ordinary shares repurchased will be held as treasury shares.
Current stock price: 1,648.00 pence, up 4.2% on Wednesday
12-month change: down 30%
By Sabrina Penty, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
(ShareCast News) - Low-cost multi-utility supplier Telecom Plus announced its final results on Tuesday, with revenue up 2.1% to £744.7m. The FTSE 250 firm said its results and its final dividend were in line with expectations, as adjusted profit before tax rose 4.2% to £54.4m. Statutory profit befo
Read more(ShareCast News) - Telecom Plus: Berenberg downgrades to hold with a target price of 1000p and Finncap reiterates buy with a 1225p target. Greggs: Berenberg upgrades to hold with a target price of 1020p. Zoopla: Credit Suisse reiterates outperform with a target price of 340p. Plus500: Berenberg st
Read more(ShareCast News) - Telecom Plus warmed the market up for its full-year results with a reiteration of its expectations on Tuesday. The FTSE 250 firm - which operates the Utility Warehouse brand - said it was confident of achieving full-year adjusted pre-tax profits of at least £54m in the year to 31
Read more(ShareCast News) - Electrocomponents: Credit Suisse upgrades to neutral with a target price of 250p. Telecom Plus: Berenberg Bank downgrades to hold, 250p target. Informa: Berenberg Bank maintains hold with a target price of 725p. ITV: Credit Suisse reiterates outperform with a target price of 310
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