Pennon Group (PNN)

Sector:

Utilities

Index:

FTSE 250

606.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 767.00p
  • 52 Week Low: 551.00p
  • Currency: UK Pounds
  • Shares Issued: 286.04m
  • Volume: 783
  • Market Cap: £1,733.40m
  • RiskGrade: 123

CMA clears Pennon's Sutton & East Surrey Water and South West merger

By Iain Gilbert

Date: Friday 14 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Water utility company Pennon has received the green light from the UK's competition watchdog for the proposed merger of Sutton & East Surrey Water and South West.
Pennon said on Friday that the Competition and Markets Authority has cleared the merger of SES with South West Water following the group's acquisition of the business back in January.

Pennon also said it was "pleased" that the proposed undertakings in relation to the separate reporting of SES Water's costs and performance had now been accepted.

As of 1340 BST, Pennon shares were up 0.58% at 602.50p.





Reporting by Iain Gilbert at Sharecast.com

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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.

 

Pennon Market Data

Currency UK Pounds
Share Price 606.00p
Change Today 0.50p
% Change 0.08 %
52 Week High 767.00p
52 Week Low 551.00p
Volume 783
Shares Issued 286.04m
Market Cap £1,733.40m
RiskGrade 123

Pennon Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.34% below the market average17.34% below the market average17.34% below the market average17.34% below the market average17.34% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
61.44% below the market average61.44% below the market average61.44% below the market average61.44% below the market average61.44% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income
49.68% above the market average49.68% above the market average49.68% above the market average49.68% above the market average49.68% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
70.23% below the market average70.23% below the market average70.23% below the market average70.23% below the market average70.23% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 7
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Pennon Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Jul-24 25-Jan-24
Paid 05-Sep-24 05-Apr-24
Amount 30.33p 14.04p

Trades for 25-Jun-2024

Time Volume / Share Price
08:00 783 @ 606.00p
08:00 9 @ 606.00p
08:00 33 @ 606.00p
08:00 25 @ 606.00p
08:00 1 @ 606.00p

Pennon Key Personnel

Chair Gill Rider
CEO Susan Davy
CFO Steve Buck

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