Rolls-Royce Holdings (RR.)

Sector:

Defense and Aeronautics

Index:

FTSE 100

444.80p
   
  • Change Today:
      4.40p
  • 52 Week High: 445.30
  • 52 Week Low: 143.30
  • Currency: UK Pounds
  • Shares Issued: 8,417m
  • Volume: 25,762,271
  • Market Cap: £37,438m
  • RiskGrade: 377

Sunday newspaper round-up: Nationwide, Direct Line, Rolls-Royce

By Alexander Bueso

Date: Sunday 17 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Nationwide's bid to create the UK's second-largest savings and loans group by taking over Virgin Money may be derailed if its members get a say on whether the deal goes through or not. It would take just 500 Nationwide members depositing £50 each one to convene a special meeting and ask for a vote on the deal. Furthermore, preparations for a vote would keep Nationwide from meeting the 4 April deadline for making a binding offer under Takeover Panel rules. However, the society says that its existing legal advice is that no vote is required. - Financial Mail on Sunday


The boss of Belgian insurer Ageas grabbed a plane and headed to China at the weekend to meet officials from Fosun, his largest shareholder. His intent? To bolster support for his attempts to take over Direct Line Group. More specifically, Hans de Cuyper needs Fosun's would rely on Fosun's support should he able to entice the UK insurer into accepting a cash-and-shares bid after it rejected its first two proposals. - The Sunday Times

Calls are mounting on Nationwide to give its 16m members a say in its proposed acquisition of Virgin Money for £2.9bn. Just under a fortnight ago, the outfit unveiled a 220p a share offer for the high street lender. The transaction would see the building society join the big league of retail banking. However, it would also bring with it greater risk. Nationwide would also be taking on the old Northern Rock's mortgage business and deliver a big payday for Sir Richard Branson, who stands to reap £400m from the sale. The latter may make some Nationwide members uncomfortable. - Guardian

Rolls-Royce will invest £55m in order to meet increased demand for its large civil aircraft engines, creating 300 jobs in the process. Half of that investment and two-thirds of the new positions would go to its site in Derby. and the remainder to Dahlewitz, Germany. From 2025 the engineer was now anticipating to deliver 40% more engines per year than over the preceding 10 years. - Financial Mail on Sunday

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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.

 

Rolls Royce Market Data

Currency UK Pounds
Share Price 444.80p
Change Today 4.40p
% Change 1.00 %
52 Week High 445.30
52 Week Low 143.30
Volume 25,762,271
Shares Issued 8,417m
Market Cap £37,438m
RiskGrade 377

Rolls Royce Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.83% below the market average96.83% below the market average96.83% below the market average96.83% below the market average96.83% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
99.42% above the market average99.42% above the market average99.42% above the market average99.42% above the market average99.42% 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
Income
93.21% below the market average93.21% below the market average93.21% below the market average93.21% below the market average93.21% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
74.98% above the market average74.98% above the market average74.98% above the market average74.98% above the market average74.98% 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 6
Buy 7
Neutral 3
Sell 0
Strong Sell 1
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rolls Royce Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-19 25-Apr-19
Paid 03-Jan-20 01-Jul-19
Amount 4.60p 7.10p

Trades for 24-May-2024

Time Volume / Share Price
18:28 7,100 @ 440.91p
16:43 3,000 @ 444.80p
16:38 1,278 @ 444.80p
16:38 1,278 @ 444.80p
16:38 2,555 @ 444.80p

Rolls Royce Key Personnel

Chair Anita Frew
CEO Tufan Erginbilgic

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