Mark Cashmore Purchases 38,100 Shares of Connect Group PLC (CNCT) Stock
Connect Group PLC (LON:CNCT) insider Mark Cashmore purchased 38,100 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The stock was bought at an average price of GBX 105 ($1.41) per share, with a total value of £40,005 ($53,842.53).
Connect Group PLC (LON CNCT) traded up GBX 2.25 ($0.03) during trading hours on Tuesday, hitting GBX 109.25 ($1.47). The company had a trading volume of 159,145 shares, compared to its average volume of 180,377. Connect Group PLC has a fifty-two week low of GBX 88 ($1.18) and a fifty-two week high of GBX 159.74 ($2.15).
The business also recently disclosed a dividend, which will be paid on Friday, February 9th. Investors of record on Thursday, January 11th will be issued a dividend of GBX 6.70 ($0.09) per share. This is a positive change from Connect Group’s previous dividend of $3.10. The ex-dividend date of this dividend is Thursday, January 11th. This represents a yield of 6.09%.
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Connect Group Company Profile
Connect Group PLC is a United Kingdom-based distribution company. The Company’s segments include Connect News & Media: News Distribution (Smiths News); Connect News & Media: Media (DMD); Connect Parcel Freight (Tuffnells); and Connect Books (Bertrams, Dawson Books and Wordery). Smiths News segment distributes newspapers and magazines to approximately 30,000 retailers across England and Wales from over 40 distribution centers.
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