JPMorgan American Inv Trust (JAM)

Sector:

Investment Firms

Index:

FTSE 250

503.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 506.00
  • 52 Week Low: 411.00
  • Currency: UK Pounds
  • Shares Issued: 209.31m
  • Volume: 147,678
  • Market Cap: £1,052.84m
  • RiskGrade: 57

JPMorgan American cashes in on high share price

Date: Wednesday 30 May 2012

LONDON (ShareCast) - JPMorgan American Investment Trust is to tap the market with a share placing with professional investors.

The company plans to issue up to 1.19m shares at a price to be announced on Thursday. The new shares to be issued represent around 2.55 of the current issued share capital of JP Morgan American.

The price at which the shares will be placed will reflect the market price of the trust's shares at the time, subject to the condition that the price will be at a premium of at least 1.5% to the net asset value (including income and valuing debt at fair value) per share at the close of trading on Wednesday, May 30th.

Unusually for an investment trust, JP Morgan American's shares trade at a premium to net asset value (NAV) per share. As at May 14th, NAV per share was 852.6p, while the share price was 4.1% higher at 887.5p. As at Tuesday night's close, the share price had moved higher still to 892p.

Shares will be offered on a first-come first-served basis.

JH

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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.

 

JAM Market Data

Currency UK Pounds
Share Price 503.00p
Change Today 4.00p
% Change 0.80 %
52 Week High 506.00
52 Week Low 411.00
Volume 147,678
Shares Issued 209.31m
Market Cap £1,052.84m
RiskGrade 57

JAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.78% below the market average70.78% below the market average70.78% below the market average70.78% below the market average70.78% below the market average
83.38% below the sector average83.38% below the sector average83.38% below the sector average83.38% below the sector average83.38% below the sector average
Price Trend
54.55% above the market average54.55% above the market average54.55% above the market average54.55% above the market average54.55% above the market average
61.85% above the sector average61.85% above the sector average61.85% above the sector average61.85% above the sector average61.85% above the sector average
Income
57.33% below the market average57.33% below the market average57.33% below the market average57.33% below the market average57.33% below the market average
19.69% below the sector average19.69% below the sector average19.69% below the sector average19.69% below the sector average19.69% below the sector average
Growth
11.19% above the market average11.19% above the market average11.19% above the market average11.19% above the market average11.19% above the market average
25.15% above the sector average25.15% above the sector average25.15% above the sector average25.15% above the sector average25.15% above the sector average

JAM Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-19 11-Apr-19
Paid 04-Oct-19 14-May-19
Amount 2.50p 4.00p

Trades for 24-Jan-2020

Time Volume / Share Price
16:35 23,681 @ 503.00p
16:29 5 @ 502.00p
16:29 7 @ 502.00p
16:29 7 @ 502.00p
16:25 36 @ 502.00p

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