Renewi (RWI)

Sector:

Support

 868.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 871.00
  • 52 Week Low: 554.00
  • Currency: UK Pounds
  • Shares Issued: 81.21m
  • Volume: 0
  • Market Cap: £704.91m
  • Beta: 0.01

Renewi tumbles as Macquarie says it won't make an offer

By Michele Maatouk

Date: Thursday 26 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Renewi tumbled on Thursday after Macquarie Asset Management said it would not make an offer for the waste management firm.
"Further to the announcements made by Macquarie and Renewi regarding a possible offer for Renewi, Macquarie confirms that, following multiple attempts to engage with Renewi's board, including a revised proposal, all of which were rejected, it does not feel it is in an informed position to make an offer for Renewi," it said.

Renewi announced last month that it had rejected a £636m cash takeover offer from Macquarie.

The company said at the time that the offer of 775p a share "fundamentally" undervalued the group and its prospects.

At 1350 BST, the shares were down 24% at 499p.

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

 

Renewi Market Data

Currency UK Pounds
Share Price 868.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 871.00
52 Week Low 554.00
Volume 0
Shares Issued 81.21m
Market Cap £704.91m
Beta 0.01

Renewi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.1% below the market average5.1% below the market average5.1% below the market average5.1% below the market average5.1% below the market average
37.78% below the sector average37.78% below the sector average37.78% below the sector average37.78% below the sector average37.78% below the sector average
Price Trend
76.34% above the market average76.34% above the market average76.34% above the market average76.34% above the market average76.34% above the market average
79.38% above the sector average79.38% above the sector average79.38% above the sector average79.38% above the sector average79.38% above the sector average
Income
60.55% below the market average60.55% below the market average60.55% below the market average60.55% below the market average60.55% below the market average
59.32% below the sector average59.32% below the sector average59.32% below the sector average59.32% below the sector average59.32% below the sector average
Growth
69.57% below the market average69.57% below the market average69.57% below the market average69.57% below the market average69.57% below the market average
69.57% below the sector average69.57% below the sector average69.57% below the sector average69.57% below the sector average69.57% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 1
Strong Sell 0
Total 2
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Renewi Dividends

  Latest Previous
  Final Interim
Ex-Div 27-Jun-24 28-Nov-19
Paid 31-Jul-24 10-Jan-20
Amount 5.00p 0.45p

Trades for --2025

Time Volume / Share Price
0 @ 0.000p

Renewi Key Personnel

CFO Annemieke den Otter

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