Connect Group PLC (LON:CNCT) insider Gary Kennedy bought 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 23rd. The stock was purchased at an average cost of GBX 76 ($1.03) per share, for a total transaction of £22,800 ($30,919.45).
Shares of Connect Group PLC (CNCT) traded down GBX 1.20 ($0.02) on Tuesday, reaching GBX 74.80 ($1.01). The company’s stock had a trading volume of 1,034,965 shares, compared to its average volume of 294,859. The firm has a market cap of $185.24 and a P/E ratio of 680.00. Connect Group PLC has a 12 month low of GBX 73.65 ($1.00) and a 12 month high of GBX 154 ($2.09).
The business also recently declared a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, January 11th will be given a dividend of GBX 6.70 ($0.09) per share. This is an increase from Connect Group’s previous dividend of $3.10. This represents a yield of 6.09%. The ex-dividend date of this dividend is Thursday, January 11th.
About Connect Group
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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