By Michele Maatouk
Date: Friday 13 Dec 2024
LONDON (ShareCast) - (Sharecast News) - Rentokil Initial rallied on Friday after activist investor Nelson Peltz's Trian Fund Management bought 7.5m shares in the pest control company for £31m.
The shares were purchased at 413.4p each on 11 December.
At 1155 GMT, Rentokil shares were up 3.7% at 414p, having jumped to as high as 415.30p earlier.
Trian took a 2.26% stake in Rentokil in June and in September, the company announced the appointment of a representative of Trian to its board as a non-executive director, sending the shares surging.
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Currency | UK Pounds |
Share Price | 355.70p |
Change Today | -7.50p |
% Change | -2.07 % |
52 Week High | 486.50 |
52 Week Low | 309.50 |
Volume | 1,261,363 |
Shares Issued | 2,524.54m |
Market Cap | £8,980m |
Beta | 0.01 |
RiskGrade | 127 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 3 |
Buy | 3 |
Neutral | 9 |
Sell | 1 |
Strong Sell | 1 |
Total | 17 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 03-Apr-25 | 08-Aug-24 |
Paid | 14-May-25 | 16-Sep-24 |
Amount | 5.93p | 3.16p |
Time | Volume / Share Price |
12:47 | 0 @ 355.80p |
12:47 | 146 @ 355.70p |
12:46 | 146 @ 355.67p |
12:46 | 19 @ 355.70p |
12:45 | 10 @ 355.67p |
CEO | Andy M. Ransom |
Chair | Richard Solomons |
CFO | Paul Edgecliffe-Johnson |
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