Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

699.00p
   
  • Change Today:
    -17.00p
  • 52 Week High: 799.50
  • 52 Week Low: 591.00
  • Currency: UK Pounds
  • Shares Issued: 401.70m
  • Volume: 954,484
  • Market Cap: £2,807.91m
  • RiskGrade: 93

Tate & Lyle appoints new chair after four-month search

By Benjamin Chiou

Date: Wednesday 08 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Food and beverage ingredients and solutions group Tate & Lyle has announced it is appointing industry veteran David Hearn as its new chair after a four-month search.
Tate's former chair Gerry Murphy announced in July that he would step down after more than six years to become the new chair of Tesco, officially leaving the company in September.

Hearn, who is currently the chair of UK-listed Safestore Holdings and New Zealand-based The a2 Milk Company, has held senior roles in a number of food and beverage companies including Del Monte, PepsiCo and United Biscuits. He is due to step down from The a2 Milk Company in November.

He also served as chief executive of Goodman Fielder, a listed Australian food business, between 1995 and 2001.

"The board is delighted that David Hearn will be joining Tate & Lyle as Chair in January," said interim chair Warren Tucker. "David's breadth of experience, skills and knowledge, particularly of the food industry, will complement and further strengthen Tate & Lyle's board."

Commenting on the appointment, Hearn said: "I am delighted to take on the role of Chair of Tate & Lyle at what is an exciting time for the business. Tate & Lyle is a business with a deep sense of purpose, in a strong financial position, which puts its customers at the heart of everything it does."

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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.

 

Tate & Lyle Market Data

Currency UK Pounds
Share Price 699.00p
Change Today -17.00p
% Change -2.37 %
52 Week High 799.50
52 Week Low 591.00
Volume 954,484
Shares Issued 401.70m
Market Cap £2,807.91m
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.03% below the market average54.03% below the market average54.03% below the market average54.03% below the market average54.03% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Price Trend
1.57% below the market average1.57% below the market average1.57% below the market average1.57% below the market average1.57% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Income
26.79% above the market average26.79% above the market average26.79% above the market average26.79% above the market average26.79% above the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average
Growth
72.39% above the market average72.39% above the market average72.39% above the market average72.39% above the market average72.39% 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

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tate & Lyle Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Jun-24 23-Nov-23
Paid 02-Aug-24 05-Jan-24
Amount 12.90p 6.20p

Trades for 28-May-2024

Time Volume / Share Price
16:02 76 @ 694.50p
16:02 58 @ 694.50p
15:56 8 @ 692.50p
15:25 6 @ 699.00p
15:25 7 @ 699.00p

Tate & Lyle Key Personnel

CEO Nick Hampton
CFO Dawn Allen
Chair David Hearn

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