Babcock International Group (BAB)

Sector:

Defense and Aeronautics

Index:

FTSE 250

331.40p
   
  • Change Today:
    -0.100p
  • 52 Week High: 380.20
  • 52 Week Low: 199.00
  • Currency: UK Pounds
  • Shares Issued: 505.60m
  • Volume: 1,985,589
  • Market Cap: £1,675.55m
  • RiskGrade: 290

Rolls-Royce, Babcock sell stakes in Air Tanker Holdings

By Frank Prenesti

Date: Monday 13 Sep 2021

LONDON (ShareCast) - (Sharecast News) - UK engine maker Rolls-Royce and defence engineer Babcock on Monday said they had sold their stakes in in AirTanker Holdings Limited to Equitix Investment Management.
Rolls-Royce is selling its 23.1% shareholding for £189m and Babcock its 15.4% stake for £126m to pay down debt. AirTanker Holdings is an asset joint venture with Airbus, Thales and Rolls-Royce, owning fourteen A330 Voyager aircraft to support air-to-air refuelling, air transport and ancillary services for the UK's Ministry of Defence.

Both companies said they would retain their holdings in AirTanker Services Limited, which operate the aircraft.

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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.

 

BAB Market Data

Currency UK Pounds
Share Price 331.40p
Change Today -0.100p
% Change -0.03 %
52 Week High 380.20
52 Week Low 199.00
Volume 1,985,589
Shares Issued 505.60m
Market Cap £1,675.55m
RiskGrade 290

BAB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.11% below the market average17.11% below the market average17.11% below the market average17.11% below the market average17.11% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
0.11% above the market average0.11% above the market average0.11% above the market average0.11% above the market average0.11% above 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
15.05% below the market average15.05% below the market average15.05% below the market average15.05% below the market average15.05% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
45.56% below the market average45.56% below the market average45.56% below the market average45.56% below the market average45.56% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 3
Sell 1
Strong Sell 1
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BAB Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Dec-19 04-Jul-19
Paid 17-Jan-20 09-Aug-19
Amount 7.20p 22.90p

Trades for 22-Oct-2021

Time Volume / Share Price
16:35 301,749 @ 331.40p
16:29 7 @ 332.40p
16:29 457 @ 332.80p
16:29 82 @ 332.80p
16:29 114 @ 332.40p

BAB Key Personnel

Chair Ruth Cairnie
CEO David Lockwood
CFO David Mellors

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