Babcock International Group (BAB)

Sector:

Defense and Aeronautics

Index:

FTSE 250

520.50p
   
  • Change Today:
      8.00p
  • 52 Week High: 533.00
  • 52 Week Low: 269.00
  • Currency: UK Pounds
  • Shares Issued: 505.60m
  • Volume: 1,959,491
  • Market Cap: £2,631.63m
  • RiskGrade: 290

Rolls-Royce, Babcock sell stakes in Air Tanker Holdings

By Frank Prenesti

Date: Monday 13 Sep 2021

LONDON (ShareCast) - (Sharecast News) - UK engine maker Rolls-Royce and defence engineer Babcock on Monday said they had sold their stakes in in AirTanker Holdings Limited to Equitix Investment Management.
Rolls-Royce is selling its 23.1% shareholding for £189m and Babcock its 15.4% stake for £126m to pay down debt. AirTanker Holdings is an asset joint venture with Airbus, Thales and Rolls-Royce, owning fourteen A330 Voyager aircraft to support air-to-air refuelling, air transport and ancillary services for the UK's Ministry of Defence.

Both companies said they would retain their holdings in AirTanker Services Limited, which operate the aircraft.

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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.

 

BAB Market Data

Currency UK Pounds
Share Price 520.50p
Change Today 8.00p
% Change 1.56 %
52 Week High 533.00
52 Week Low 269.00
Volume 1,959,491
Shares Issued 505.60m
Market Cap £2,631.63m
RiskGrade 290

BAB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.54% below the market average43.54% below the market average43.54% below the market average43.54% below the market average43.54% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
92.89% above the market average92.89% above the market average92.89% above the market average92.89% above the market average92.89% above the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average
Income
57.89% below the market average57.89% below the market average57.89% below the market average57.89% below the market average57.89% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
96.03% below the market average96.03% below the market average96.03% below the market average96.03% below the market average96.03% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 10
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BAB Dividends

  Latest Previous
  Interim Interim
Ex-Div 23-Nov-23 05-Dec-19
Paid 19-Jan-24 17-Jan-20
Amount 1.70p 7.20p

Trades for 24-Apr-2024

Time Volume / Share Price
16:48 22,335 @ 520.21p
16:48 115,166 @ 520.21p
16:36 60,579 @ 520.50p
16:35 2,111 @ 520.50p
16:35 1,586 @ 520.50p

BAB Key Personnel

Chair Ruth Cairnie
CEO David Lockwood
CFO David Mellors

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