FirstGroup (FGP)

Sector:

Commercial Transport

Index:

FTSE 250

170.70p
   
  • Change Today:
      0.70p
  • 52 Week High: 187.70
  • 52 Week Low: 115.50
  • Currency: UK Pounds
  • Shares Issued: 629.79m
  • Volume: 1,894,996
  • Market Cap: £1,075.05m
  • RiskGrade: 282

FirstGroup increases shareholder payout to £500m from US sale

By Frank Prenesti

Date: Thursday 22 Jul 2021

LONDON (ShareCast) - (Sharecast News) - UK transport operator FirstGroup on Thursday said it was increasing shareholder returns by £135m after completing the sale of its US bus assets to private equity firm EQT Infrastructure.
The company will now hand back £500m, around 41p a share. The FTSE 250 train-and-bus operator said it has sold the operations $58m more than initially agreed following adjustments for working capital and debt

FirstGroup said it will consider additional shareholder returns in due course.

The company said in April that it was selling First Student and First Transit to EQT, more than a year after putting them up for sale.

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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.

 

FirstGroup Market Data

Currency UK Pounds
Share Price 170.70p
Change Today 0.70p
% Change 0.41 %
52 Week High 187.70
52 Week Low 115.50
Volume 1,894,996
Shares Issued 629.79m
Market Cap £1,075.05m
RiskGrade 282

FirstGroup Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
68.20% above the market average68.20% above the market average68.20% above the market average68.20% above the market average68.20% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Income Not Available
Growth
33.48% above the market average33.48% above the market average33.48% above the market average33.48% above the market average33.48% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FirstGroup Dividends

  Latest Previous
  Interim Final
Ex-Div 30-Nov-23 13-Jul-23
Paid 03-Jan-24 18-Aug-23
Amount 1.50p 2.90p

Trades for 31-May-2024

Time Volume / Share Price
16:41 122,916 @ 170.70p
16:35 1,086,908 @ 170.70p
16:29 646 @ 169.90p
16:29 600 @ 169.90p
16:29 257 @ 169.90p

FirstGroup Key Personnel

CFO Ryan Mangold
CEO Graham Sutherland

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