tiprankstipranks
Ascential Shareholders Approve £850M Payout Plan
Company Announcements

Ascential Shareholders Approve £850M Payout Plan

Ascential plc (GB:ASCL) has released an update.

Ascential plc has successfully passed shareholder resolutions regarding a significant £850 million return of value to its shareholders, including a £300 million share buyback tender offer, a special dividend of at least £450 million, and additional on-market share buybacks totalling £100 million. The approval was confirmed during a general meeting, with an overwhelming majority voting in favor of the tender offer and the share consolidation that accompanies the special dividend. The detailed voting results will be accessible on the company’s website.

For further insights into GB:ASCL stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles