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National Grid reports mixed year, announces £7bn rights issue

By Josh White

Date: Thursday 23 May 2024

(Sharecast News) - National Grid shares were sliding on the release of its full-year results on Thursday morning, as it announced an equity raise of £7bn through a rights issue to support its future investments.

The FTSE 100 company reported underlying operating profit of £4.8bn for the year ended 31...

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