WPP (WPP)

Sector:

Media

Index:

FTSE 100

769.20p
   
  • Change Today:
    -1.60p
  • 52 Week High: 855.00
  • 52 Week Low: 678.80
  • Currency: UK Pounds
  • Shares Issued: 1,078.55m
  • Volume: 10,169,005
  • Market Cap: £8,296m
  • RiskGrade: 162

WPP to buy remaining stake in India's Madhouse

By Frank Prenesti

Date: Thursday 02 Aug 2018

LONDON (ShareCast) - (Sharecast News) - WPP on Thursday said its GroupM investment operation was buying the remaining 50% in Indian mobile marketing agency Madhouse for an undisclosed sum.
It added that it was also selling its stakes in India joint ventures with Rediffusion.

"Mobile marketing and media consumption is exploding with the growing access to devices, driven by a lower cost of devices and data plans," Wpp said in a statement.

"This acquisition will provide GroupM clients enhanced access to innovative mobile solutions, ad products and targeting technology."

WPP companies Sudler, Wunderman and Y&R, which now operate as joint venture agencies with Rediffusion, will be developed as wholly-owned agencies, it added.

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.

 

WPP Market Data

Currency UK Pounds
Share Price 769.20p
Change Today -1.60p
% Change -0.21 %
52 Week High 855.00
52 Week Low 678.80
Volume 10,169,005
Shares Issued 1,078.55m
Market Cap £8,296m
RiskGrade 162

WPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.04% above the market average82.04% above the market average82.04% above the market average82.04% above the market average82.04% above the market average
74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average
Price Trend
26.89% above the market average26.89% above the market average26.89% above the market average26.89% above the market average26.89% above the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average
Income
39.74% above the market average39.74% above the market average39.74% above the market average39.74% above the market average39.74% above the market average
4.76% above the sector average4.76% above the sector average4.76% above the sector average4.76% above the sector average4.76% above the sector average
Growth
95.06% below the market average95.06% below the market average95.06% below the market average95.06% below the market average95.06% below the market average
95.45% below the sector average95.45% below the sector average95.45% below the sector average95.45% below the sector average95.45% below the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 7
Sell 2
Strong Sell 2
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WPP Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Oct-24 06-Jun-24
Paid 01-Nov-24 05-Jul-24
Amount 15.00p 24.40p

Trades for 20-Sep-2024

Time Volume / Share Price
16:47 40,882 @ 769.20p
16:39 483,215 @ 769.20p
16:36 155,044 @ 769.20p
16:36 155,044 @ 769.20p
16:29 101 @ 769.60p

WPP Key Personnel

CEO Mark Read
CFO Joanne Wilson

Top of Page