Saga (SAGA)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

127.60p
   
  • Change Today:
    -0.20p
  • 52 Week High: 156.00
  • 52 Week Low: 104.40
  • Currency: UK Pounds
  • Shares Issued: 143.36m
  • Volume: 325,174
  • Market Cap: £182.93m
  • RiskGrade: 387

Saga in talks with Australia's Open Insurance over sale of underwriting arm

By Michele Maatouk

Date: Friday 10 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Saga confirmed on Friday that it is in exclusive discussions with Open Insurance Technologies over the potential sale of its underwriting business, Acromas Insurance Company limited (AICL).
In a very brief statement responding to media speculation, Saga said: "Discussions are ongoing and there can be no certainty that any transaction will occur.

"Any disposal of AICL would require regulatory and shareholder approvals."

It said a further announcement will be made in due course.

Earlier, Sky News reported that Open, an Australian insurance group, was in pole position to buy the business from Saga.

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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.

 

Saga Market Data

Currency UK Pounds
Share Price 127.60p
Change Today -0.20p
% Change -0.16 %
52 Week High 156.00
52 Week Low 104.40
Volume 325,174
Shares Issued 143.36m
Market Cap £182.93m
RiskGrade 387

Saga Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.54% above the market average49.54% above the market average49.54% above the market average49.54% above the market average49.54% above the market average
37.25% above the sector average37.25% above the sector average37.25% above the sector average37.25% above the sector average37.25% above the sector average
Price Trend
21.92% below the market average21.92% below the market average21.92% below the market average21.92% below the market average21.92% below the market average
23.64% below the sector average23.64% below the sector average23.64% below the sector average23.64% below the sector average23.64% below the sector average
Income Not Available
Growth
15.06% above the market average15.06% above the market average15.06% above the market average15.06% above the market average15.06% above the market average
35.85% below the sector average35.85% below the sector average35.85% below the sector average35.85% below the sector average35.85% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Saga Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Oct-19 16-May-19
Paid 22-Nov-19 28-Jun-19
Amount 1.30p 1.00p

Trades for 17-May-2024

Time Volume / Share Price
16:35 39,092 @ 127.60p
16:35 91 @ 127.60p
16:35 127 @ 127.60p
16:35 97 @ 127.60p
16:35 297 @ 127.60p

Saga Key Personnel

CFO Mark Watkins

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