Saga (SAGA)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

110.20p
   
  • Change Today:
      2.20p
  • 52 Week High: 156.00
  • 52 Week Low: 104.40
  • Currency: UK Pounds
  • Shares Issued: 141.80m
  • Volume: 487,731
  • Market Cap: £156.26m
  • RiskGrade: 387
  • Beta: 0.03

Saga in talks with Australia's Open Insurance over sale of underwriting arm

By Michele Maatouk

Date: Friday 10 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Saga confirmed on Friday that it is in exclusive discussions with Open Insurance Technologies over the potential sale of its underwriting business, Acromas Insurance Company limited (AICL).
In a very brief statement responding to media speculation, Saga said: "Discussions are ongoing and there can be no certainty that any transaction will occur.

"Any disposal of AICL would require regulatory and shareholder approvals."

It said a further announcement will be made in due course.

Earlier, Sky News reported that Open, an Australian insurance group, was in pole position to buy the business from Saga.

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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.

 

Saga Market Data

Currency UK Pounds
Share Price 110.20p
Change Today 2.20p
% Change 2.04 %
52 Week High 156.00
52 Week Low 104.40
Volume 487,731
Shares Issued 141.80m
Market Cap £156.26m
Beta 0.03
RiskGrade 387

Saga Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.71% above the market average59.71% above the market average59.71% above the market average59.71% above the market average59.71% above the market average
56.86% above the sector average56.86% above the sector average56.86% above the sector average56.86% above the sector average56.86% above the sector average
Price Trend
51.53% below the market average51.53% below the market average51.53% below the market average51.53% below the market average51.53% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income Not Available
Growth
13.78% above the market average13.78% above the market average13.78% above the market average13.78% above the market average13.78% above the market average
39.62% below the sector average39.62% below the sector average39.62% below the sector average39.62% below the sector average39.62% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Saga Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Oct-19 16-May-19
Paid 22-Nov-19 28-Jun-19
Amount 1.30p 1.00p

Trades for 02-May-2024

Time Volume / Share Price
16:35 72,944 @ 110.20p
16:35 1 @ 110.20p
16:35 52 @ 110.20p
16:35 52 @ 110.20p
16:35 52 @ 110.20p

Saga Key Personnel

CFO Mark Watkins

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