TP Icap Group (TCAP)

Sector:

Financials

Index:

FTSE 250

226.20p
   
  • Change Today:
      1.80p
  • 52 Week High: 227.06
  • 52 Week Low: 141.00
  • Currency: UK Pounds
  • Shares Issued: 769.43m
  • Volume: 536,175
  • Market Cap: £1,740.45m

TP Icap ditches talks over data division sale - report

By Michele Maatouk

Date: Wednesday 08 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Interdealer broker TP Icap has reportedly ditched talks about a sale of its data division, Parameta, despite coming under pressure to return more cash to investors.
According to Sky News, TP Icap held discussions with a number of potential buyers in recent months, including large buyout funds. The process, which was never publicly disclosed by the company, has now been called off, according to several people close to it.

Some City shareholders had been urging TP Icap to offload Parameta in order to return as much as £1.5bn through special dividends or share buybacks, Sky said.

However, TP Icap's board is said to have resisted those demands on the back of improved trading and a rebound in its share price, which has risen by nearly one-third over the past year.

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

 

TP Icap Group Market Data

Currency UK Pounds
Share Price 226.20p
Change Today 1.80p
% Change 0.80 %
52 Week High 227.06
52 Week Low 141.00
Volume 536,175
Shares Issued 769.43m
Market Cap £1,740.45m

TP Icap Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.86% above the market average75.86% above the market average75.86% above the market average75.86% above the market average75.86% above the market average
25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average
Price Trend
88.91% above the market average88.91% above the market average88.91% above the market average88.91% above the market average88.91% above the market average
82.76% above the sector average82.76% above the sector average82.76% above the sector average82.76% above the sector average82.76% above the sector average
Income
89.39% above the market average89.39% above the market average89.39% above the market average89.39% above the market average89.39% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Growth
3.55% below the market average3.55% below the market average3.55% below the market average3.55% below the market average3.55% below the market average
10.28% above the sector average10.28% above the sector average10.28% above the sector average10.28% above the sector average10.28% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TP Icap Group Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 28-Sep-23
Paid 24-May-24 03-Nov-23
Amount 10.00p 4.80p

Trades for 28-Mar-2024

Time Volume / Share Price
13:34 651 @ 226.20p
13:32 160 @ 226.40p
13:32 231 @ 226.20p
13:32 72 @ 226.20p
13:32 370 @ 226.20p

TP Icap Group Key Personnel

CEO Nicolas Breteau
CFO Robin Stewart
Chair Richard Berliand

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