Insider Buying: Babcock International Group plc (BAB) Insider Acquires 5,000 Shares of Stock
Babcock International Group plc (LON:BAB) insider Myles Lee purchased 5,000 shares of the stock in a transaction dated Wednesday, December 6th. The shares were acquired at an average cost of GBX 678 ($9.13) per share, with a total value of £33,900 ($45,625.84).
Babcock International Group plc (LON:BAB) opened at GBX 663.50 ($8.93) on Thursday. Babcock International Group plc has a 52 week low of GBX 657 ($8.84) and a 52 week high of GBX 1,030 ($13.86).
The company also recently declared a dividend, which will be paid on Tuesday, January 16th. Investors of record on Thursday, December 7th will be paid a dividend of GBX 6.85 ($0.09) per share. This represents a yield of 1.03%. The ex-dividend date is Thursday, December 7th.
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About Babcock International Group
Babcock International Group PLC is a holding company. The Company provides engineering services. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy’s submarines, naval ships and infrastructure.
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