Renewi (RWI)

Sector:

Support

Index:

FTSE 250

577.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 700.00p
  • 52 Week Low: 538.00p
  • Currency: UK Pounds
  • Shares Issued: 80.56m
  • Volume: 128,837
  • Market Cap: £464.83m
  • Beta: 1.33

Renewi tumbles as Macquarie says it won't make an offer

By Michele Maatouk

Date: Thursday 26 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Renewi tumbled on Thursday after Macquarie Asset Management said it would not make an offer for the waste management firm.
"Further to the announcements made by Macquarie and Renewi regarding a possible offer for Renewi, Macquarie confirms that, following multiple attempts to engage with Renewi's board, including a revised proposal, all of which were rejected, it does not feel it is in an informed position to make an offer for Renewi," it said.

Renewi announced last month that it had rejected a £636m cash takeover offer from Macquarie.

The company said at the time that the offer of 775p a share "fundamentally" undervalued the group and its prospects.

At 1350 BST, the shares were down 24% at 499p.

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

 

Renewi Market Data

Currency UK Pounds
Share Price 577.00p
Change Today -4.00p
% Change -0.69 %
52 Week High 700.00p
52 Week Low 538.00p
Volume 128,837
Shares Issued 80.56m
Market Cap £464.83m
Beta 1.33

Renewi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.19% above the market average30.19% above the market average30.19% above the market average30.19% above the market average30.19% above the market average
23.60% above the sector average23.60% above the sector average23.60% above the sector average23.60% above the sector average23.60% above the sector average
Price Trend
9.4% below the market average9.4% below the market average9.4% below the market average9.4% below the market average9.4% below the market average
18% below the sector average18% below the sector average18% below the sector average18% below the sector average18% below the sector average
Income
44.25% below the market average44.25% below the market average44.25% below the market average44.25% below the market average44.25% below the market average
42.37% below the sector average42.37% below the sector average42.37% below the sector average42.37% below the sector average42.37% below the sector average
Growth
77.36% below the market average77.36% below the market average77.36% below the market average77.36% below the market average77.36% below the market average
74.19% below the sector average74.19% below the sector average74.19% below the sector average74.19% below the sector average74.19% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Renewi Dividends

  Latest Previous
  Final Interim
Ex-Div 27-Jun-24 28-Nov-19
Paid 31-Jul-24 10-Jan-20
Amount 5.00p 0.45p

Trades for 21-Nov-2024

Time Volume / Share Price
16:12 50 @ 574.00p
16:12 25 @ 574.00p
16:35 57,377 @ 577.00p
16:29 88 @ 576.00p
16:26 34 @ 577.00p

Renewi Key Personnel

CEO Otto de Bont
CFO Annemieke den Otter

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