Compass Group (CPG)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

2,656.00p
   
  • Change Today:
    -28.00p
  • 52 Week High: 2,843.00
  • 52 Week Low: 2,136.00
  • Currency: UK Pounds
  • Shares Issued: 1,697.43m
  • Volume: 1,530,346
  • Market Cap: £45,084m
  • RiskGrade: 212
  • Beta: 0.00

Compass to repurchase up to $250m worth of shares

By Josh White

Date: Friday 21 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Compass Group announced an agreement to repurchase up to $250m (£196.7m) of its ordinary shares on Friday.
The FTSE 100 company said the buyback would be the second and final phase of the $500m share repurchase programme first announced with its full-year results on 20 November last year.

It said the buyback was scheduled to take place between 21 June and 17 December.

The board said the primary objective of the buyback was to reduce the share capital of Compass Group by returning excess capital to its shareholders.

Shareholders had granted the company the authority to repurchase up to 171,140,000 shares during the annual general meeting on 8 February.

To date, no shares have been repurchased under that authority, leaving the full amount available for the current buyback initiative.

The shares would be bought by JPMorgan Securities on regulated stock markets and subsequently sold to the company on the London Stock Exchange.

Shares repurchased under the buyback would be held in treasury, and were intended to fulfil obligations from employee share schemes or other allocations to employees or directors.

The board said the buyback would not include the company's American Depositary Receipts.

At 0926 BST, shares in Compass Group were up 0.22% at 2,243p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Compass Market Data

Currency UK Pounds
Share Price 2,656.00p
Change Today -28.00p
% Change -1.04 %
52 Week High 2,843.00
52 Week Low 2,136.00
Volume 1,530,346
Shares Issued 1,697.43m
Market Cap £45,084m
Beta 0.00
RiskGrade 212

Compass Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.59% below the market average97.59% below the market average97.59% below the market average97.59% below the market average97.59% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
52.35% above the market average52.35% above the market average52.35% above the market average52.35% above the market average52.35% above the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average
Income
87.99% below the market average87.99% below the market average87.99% below the market average87.99% below the market average87.99% below the market average
61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average
Growth
61.12% above the market average61.12% above the market average61.12% above the market average61.12% above the market average61.12% above the market average
17.39% above the sector average17.39% above the sector average17.39% above the sector average17.39% above the sector average17.39% above the sector average

What The Brokers Say

Strong Buy 5
Buy 6
Neutral 8
Sell 3
Strong Sell 0
Total 22
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Compass Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Jun-25 16-Jan-25
Paid 31-Jul-25 27-Feb-25
Amount 22.60¢ 39.10¢

Trades for 28-May-2025

Time Volume / Share Price
16:35 4,514 @ 2,656.00p
16:35 624 @ 2,656.00p
16:35 69 @ 2,656.00p
16:35 332 @ 2,656.00p
16:35 600 @ 2,656.00p

Compass Key Personnel

CEO Dominic Blakemore
COO Palmer Brown
CFO Petros Parras

Top of Page