Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

553.00p
   
  • Change Today:
      5.50p
  • 52 Week High: 807.00
  • 52 Week Low: 481.20
  • Currency: UK Pounds
  • Shares Issued: 445.43m
  • Volume: 1,478,627
  • Market Cap: £2,463.23m
  • RiskGrade: 93
  • Beta: 0.01

Tate & Lyle uses new rules to swerve vote on Kelco buy

By Frank Prenesti

Date: Thursday 03 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Tate & Lyle said it would not be putting its £1.4bn acquisition of US speciality ingredients maker CP Kelco to shareholders for approval under new listing rules brought in by the UK's financial regulator.
Changes introduced by the Financial Conduct Authority took effect at the end of July permitting companies to take fewer matters to investors for a vote.

The company also said it was seeing positive volume momentum for the five months to August 31 and held guidance for full-year earnings, although it continued to expect to deliver revenue slightly lower than last year on a constant currency basis.

Reporting by Frank Prenesti for Sharecast.com

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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.

 

Tate & Lyle Market Data

Currency UK Pounds
Share Price 553.00p
Change Today 5.50p
% Change 1.00 %
52 Week High 807.00
52 Week Low 481.20
Volume 1,478,627
Shares Issued 445.43m
Market Cap £2,463.23m
Beta 0.01
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.01% below the market average49.01% below the market average49.01% below the market average49.01% below the market average49.01% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
58.64% below the market average58.64% below the market average58.64% below the market average58.64% below the market average58.64% below the market average
67.74% below the sector average67.74% below the sector average67.74% below the sector average67.74% below the sector average67.74% below the sector average
Income
38.63% above the market average38.63% above the market average38.63% above the market average38.63% above the market average38.63% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Growth
22.82% below the market average22.82% below the market average22.82% below the market average22.82% below the market average22.82% below the market average
40.74% above the sector average40.74% above the sector average40.74% above the sector average40.74% above the sector average40.74% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 2
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tate & Lyle Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Jun-25 21-Nov-24
Paid 01-Aug-25 06-Jan-25
Amount 13.40p 6.40p

Trades for 30-May-2025

Time Volume / Share Price
16:35 4,171 @ 553.11p
16:35 2,085 @ 553.11p
16:43 262 @ 553.00p
16:42 262 @ 553.02p
16:36 6,156 @ 553.00p

Tate & Lyle Key Personnel

CEO Nick Hampton
Chair David Hearn
CFO Sarah Kuijlaars

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