Phoenix Group Holdings (PHNX)

Sector:

Insurance

Index:

FTSE 100

515.00p
   
  • Change Today:
      10.50p
  • 52 Week High: 582.20
  • 52 Week Low: 441.60
  • Currency: UK Pounds
  • Shares Issued: 1,001.56m
  • Volume: 3,789,583
  • Market Cap: £5,158m

Phoenix Group to report one-off £70m provision in results - report

By Michele Maatouk

Date: Monday 18 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Phoenix Group slumped on Monday after The Times suggested it will report a one-off provision of £70m in its annual results on Friday to cover the cost of reducing customer charges.
According to The Times, it will cover a cut in annual pension charges across old funds, and other customer support measures, to comply with the Financial Conduct Authority's new consumer duty rules.

These will start to apply to off-sale or closed-book financial products from 31 July.

At 1215 GMT, the shares were down 4.3% at 482.91p.

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

 

PHNX Market Data

Currency UK Pounds
Share Price 515.00p
Change Today 10.50p
% Change 2.08 %
52 Week High 582.20
52 Week Low 441.60
Volume 3,789,583
Shares Issued 1,001.56m
Market Cap £5,158m

PHNX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.08% above the market average59.08% above the market average59.08% above the market average59.08% above the market average59.08% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
22.08% below the market average22.08% below the market average22.08% below the market average22.08% below the market average22.08% 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
93.44% above the market average93.44% above the market average93.44% above the market average93.44% above the market average93.44% 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
63.05% below the market average63.05% below the market average63.05% below the market average63.05% below the market average63.05% 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

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 4
Sell 2
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHNX Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 28-Sep-23
Paid 22-May-24 23-Oct-23
Amount 26.65p 26.00p

Trades for 15-May-2024

Time Volume / Share Price
16:47 11,735 @ 513.99p
15:44 49 @ 512.50p
16:35 1,273,524 @ 515.00p
16:35 3,826 @ 515.00p
16:35 2,637 @ 515.00p

PHNX Key Personnel

Chair Nicholas Lyons
CEO Andrew Briggs

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