Redrow (RDW)

Sector:

Household Goods

Index:

FTSE 250

692.50p
   
  • Change Today:
    -4.50p
  • 52 Week High: 739.00p
  • 52 Week Low: 427.40p
  • Currency: UK Pounds
  • Shares Issued: 330.77m
  • Volume: 1,293,687
  • Market Cap: £2,290.58m
  • RiskGrade: 176

Redrow shares jump amid rumours of a possible takeover

By Alexander Bueso

Date: Wednesday 18 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Homebuilder Redrow's shares surged on the back of 'market chatter' regarding a possible takeover.
According to Betaville, people following the situation had heard rumours of a predator circling the company.

Betaville noted how an attempt in 2012 by the company's founder and largest shareholder, Steve Morgan, together with hedge fund Toscafund and private equity outfit Penta Capital, had failed to get off the ground.

As of 1110 BST, shares of Redrow were trading 4.74% higher to 672.20p, having earlier climbed as high as 675.80p.

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.

 

Redrow Market Data

Currency UK Pounds
Share Price 692.50p
Change Today -4.50p
% Change -0.65 %
52 Week High 739.00p
52 Week Low 427.40p
Volume 1,293,687
Shares Issued 330.77m
Market Cap £2,290.58m
RiskGrade 176

Redrow Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
86.99% above the market average86.99% above the market average86.99% above the market average86.99% above the market average86.99% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Income Not Available
Growth
15.29% above the market average15.29% above the market average15.29% above the market average15.29% above the market average15.29% above the market average
76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 9
Sell 1
Strong Sell 0
Total 11
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Redrow Dividends

  Latest Previous
  Interim Final
Ex-Div 22-Feb-24 21-Sep-23
Paid 08-Apr-24 16-Nov-23
Amount 5.00p 20.00p

Trades for 14-Jun-2024

Time Volume / Share Price
12:34 1 @ 692.50p
12:34 40 @ 693.00p
12:34 342 @ 693.00p
12:34 58 @ 692.50p
12:34 57 @ 692.50p

Top of Page