M&G (MNG)

Sector:

Financials

Index:

FTSE 100

233.90p
   
  • Change Today:
      1.90p
  • 52 Week High: 248.60
  • 52 Week Low: 144.80
  • Currency: UK Pounds
  • Shares Issued: 2,599.91m
  • Volume: 4,701,876
  • Market Cap: £6,081m
  • RiskGrade: 186

M&G rallies as Schroders said to have mulled buyout

By Michele Maatouk

Date: Thursday 13 May 2021

LONDON (ShareCast) - (Sharecast News) - M&G shares rallied on Thursday following a report that Schroders spent months earlier this year looking at a potential buyout of the investment manager.
According to Bloomberg, Schroders was working with a partner earlier this year to consider a breakup of M&G by splitting its asset management operations from its pension and insurance unit.

It was understood that Schroders recently ditched the idea after deciding that M&G would be too expensive.

People with knowledge of the matter told Bloomberg that the deliberations by Schroders never led to any formal discussions with M&G.

At 1435 BST, M&G shares were up 3.9% at 228.55p, at the top of the FTSE 100 index.

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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.

 

M&G Market Data

Currency UK Pounds
Share Price 233.90p
Change Today 1.90p
% Change 0.82 %
52 Week High 248.60
52 Week Low 144.80
Volume 4,701,876
Shares Issued 2,599.91m
Market Cap £6,081m
RiskGrade 186

M&G Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.69% above the market average30.69% above the market average30.69% above the market average30.69% above the market average30.69% above the market average
13.87% above the sector average13.87% above the sector average13.87% above the sector average13.87% above the sector average13.87% above the sector average
Price Trend
30.60% above the market average30.60% above the market average30.60% above the market average30.60% above the market average30.60% above the market average
13.10% above the sector average13.10% above the sector average13.10% above the sector average13.10% above the sector average13.10% above the sector average
Income
74.42% above the market average74.42% above the market average74.42% above the market average74.42% above the market average74.42% above the market average
60.49% above the sector average60.49% above the sector average60.49% above the sector average60.49% above the sector average60.49% above the sector average
Growth
7.37% above the market average7.37% above the market average7.37% above the market average7.37% above the market average7.37% above the market average
12% below the sector average12% below the sector average12% below the sector average12% below the sector average12% below the sector average

M&G Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 18-Mar-21 20-Aug-20
Paid 28-Apr-21 30-Sep-20
Amount 12.23p 6.00p

Trades for 05-Aug-2021

Time Volume / Share Price
16:47 38,027 @ 233.90p
16:35 1,381,194 @ 233.90p
16:29 400 @ 233.70p
16:29 15 @ 233.70p
16:29 37 @ 233.60p

M&G Key Personnel

CEO John W. Foley
CFO Clare Bousfield

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