JPMorgan American Inv Trust (JAM)

Sector:

Investment Firms

Index:

FTSE 250

727.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 795.00
  • 52 Week Low: 655.00
  • Currency: UK Pounds
  • Shares Issued: 187.15m
  • Volume: 64,670
  • Market Cap: £1,360.56m
  • RiskGrade: 89
  • Beta: 0.02

JPMorgan American cashes in on high share price

Date: Wednesday 30 May 2012

LONDON (ShareCast) - JPMorgan American Investment Trust is to tap the market with a share placing with professional investors.

The company plans to issue up to 1.19m shares at a price to be announced on Thursday. The new shares to be issued represent around 2.55 of the current issued share capital of JP Morgan American.

The price at which the shares will be placed will reflect the market price of the trust's shares at the time, subject to the condition that the price will be at a premium of at least 1.5% to the net asset value (including income and valuing debt at fair value) per share at the close of trading on Wednesday, May 30th.

Unusually for an investment trust, JP Morgan American's shares trade at a premium to net asset value (NAV) per share. As at May 14th, NAV per share was 852.6p, while the share price was 4.1% higher at 887.5p. As at Tuesday night's close, the share price had moved higher still to 892p.

Shares will be offered on a first-come first-served basis.

JH

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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.

 

JAM Market Data

Currency UK Pounds
Share Price 727.00p
Change Today -1.00p
% Change -0.14 %
52 Week High 795.00
52 Week Low 655.00
Volume 64,670
Shares Issued 187.15m
Market Cap £1,360.56m
Beta 0.02
RiskGrade 89

JAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.81% above the market average24.81% above the market average24.81% above the market average24.81% above the market average24.81% above the market average
21.68% above the sector average21.68% above the sector average21.68% above the sector average21.68% above the sector average21.68% above the sector average
Price Trend
32.47% above the market average32.47% above the market average32.47% above the market average32.47% above the market average32.47% above the market average
37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average
Income
86.79% below the market average86.79% below the market average86.79% below the market average86.79% below the market average86.79% below the market average
88.74% below the sector average88.74% below the sector average88.74% below the sector average88.74% below the sector average88.74% below the sector average
Growth
93.49% below the market average93.49% below the market average93.49% below the market average93.49% below the market average93.49% below the market average
83.54% below the sector average83.54% below the sector average83.54% below the sector average83.54% below the sector average83.54% below the sector average

JAM Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Sep-22 21-Apr-22
Paid 07-Oct-22 27-May-22
Amount 2.50p 4.50p

Trades for 09-Feb-2023

Time Volume / Share Price
11:11 528 @ 727.41p
11:09 5,450 @ 727.30p
11:03 33 @ 727.00p
11:02 1,750 @ 726.60p
11:02 1,750 @ 726.62p

JAM Key Personnel

Chair Kevin Carter

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