Previous close | 7.52 |
Open | 7.93 |
Bid | 7.65 x N/A |
Ask | 7.83 x N/A |
Day's range | 7.93 - 7.93 |
52-week range | 5.25 - 8.56 |
Volume | |
Avg. volume | 14 |
Market cap | 658.842M |
Beta (5Y monthly) | 1.11 |
PE ratio (TTM) | 14.96 |
EPS (TTM) | 0.53 |
Earnings date | 30 May 2024 |
Forward dividend & yield | 0.06 (0.78%) |
Ex-dividend date | 27 Jun 2024 |
1y target est | N/A |
Key Insights Renewi's estimated fair value is UK£8.28 based on 2 Stage Free Cash Flow to Equity Renewi's UK£6.39 share...
Renewi said it will make the transaction through a combination of a nominal cash consideration payable to Biffa and an expected 125-million-pound ($158.6 million) capitalisation of UK Municipal to help the divested business fulfil its future contractual obligations. "Biffa's financial position, operational expertise, and presence in the UK municipal landscape make them the right new home for our UK Municipal business," Renewi CEO Otto de Bont said in a statement.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014 (“MAR”) AND MAR WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED (“UK MAR”) 30 May 2024 Renewi plc Renewi announces sale of UK Municipal business to Biffa Renewi plc ("Renewi" or the "Group") (LSE: RWI.L: Euronext Amsterdam: RWI.AS), a leading European waste-to-product company, is pleased to announce that, following the strategic review of its UK Mun