OML.L - Old Mutual plc

LSE - LSE Delayed price. Currency in GBp
247.40
+1.40 (+0.57%)
As of 1:29PM BST. Market open.
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Previous close246.00
Open247.60
Bid247.30 x 106000
Ask247.40 x 500000
Day's range244.10 - 248.70
52-week range185.50 - 263.10
Volume6,479,863
Avg. volume13,070,415
Market cap11.435B
Beta1.28
PE ratio (TTM)13.09
EPS (TTM)18.90
Earnings date9 Aug 2018 - 13 Aug 2018
Forward dividend & yield0.07 (2.81%)
Ex-dividend date2018-04-05
1y target est266.17
  • Reuters - UK Focus21 days ago

    Quilter Q1 assets dip 2 pct as market losses outweigh inflows

    British wealth manager Quilter (IPO-OLD.L) said total assets fell 2.4 percent in the first quarter as market losses more than offset a rise in net inflows of fresh client money. The company, in the process of being de-merged from Anglo-South African financial services group Old Mutual, said total assets at the end of March were 111.6 billion pounds ($153.6 billion), from 114.4 billion pounds at end-December.

  • Reuterslast month

    Old Mutual to list emerging market, UK fund units in June

    Old Mutual (OML.L) said on Friday that the next stage of a planned break-up of the Anglo-South African financial services group would take place in June with the listing of its emerging market and UK asset management units. The listings will see shareholders receive one share in new UK wealth management company Quilter and three in Old Mutual Limited for every three Old Mutual shares currently held. Old Mutual has been working towards a break-up since 2016 after deciding that regulatory changes had made the firm too complex to run, and has already sold out of its U.S. fund arm.

  • Reuters - UK Focuslast month

    Old Mutual to list emerging market, UK fund units in June

    Old Mutual (Other OTC: ODMUF - news) said on Friday that the next stage of a planned break-up of the Anglo-South African financial services group would take place in June with the listing of its emerging market and UK asset management units. The listings will see shareholders receive one share in new UK wealth management company Quilter and three in Old Mutual Limited for every three Old Mutual shares currently held. Old Mutual has been working towards a break-up since 2016 after deciding that regulatory changes had made the firm too complex to run, and has already sold out of its U.S. fund arm.

  • South African Airways Names CFO to Replace Suspended Nhantsi
    Bloomberglast month

    South African Airways Names CFO to Replace Suspended Nhantsi

    South African Airways appointed Old Mutual Plc veteran Bob Head as interim chief financial officer to replace the suspended Phumeza Nhantsi as the embattled state carrier strives to turn around its fortunes....

  • Old Mutual resolves US legacy issue as break-up on track
    The Telegraphlast month

    Old Mutual resolves US legacy issue as break-up on track

    Old Mutual resolves US legacy issue as break-up on track

  • Reuters2 months ago

    Old Mutual sells Latam businesses to China Minsheng for $300 million - source

    LONDON (Reuters) - Anglo-South African financial services group Old Mutual (OML.L) is selling three businesses in Latin America to China Minsheng Investment Group International (CMIG) for around $300 million ...

  • Reuters - UK Focus2 months ago

    Old Mutual sells Latam businesses to China Minsheng for $300 mln - source

    Anglo-South African financial services group Old Mutual is selling three businesses in Latin America to China Minsheng Investment Group International for around $300 million, a source familiar with the ...

  • Reuters2 months ago

    Positive earnings give European shares a boost but SocGen weighs

    By Danilo Masoni MILAN (Reuters) - European shares rose on Thursday, buoyed by good results from companies including insurance heavyweights Munich Re (MUVGn.DE) and Generali (GASI.MI), while Societe Generale ...

  • Reuters2 months ago

    Old Mutual plots course for break-up this year

    Old Mutual (OML.L) reported a 22 percent rise in annual operating profit powered by its UK asset management business and the Anglo-South African financial services group set out how it will complete its break-up plans this year. It will list the UK asset management business, to be renamed Quilter, alongside a planned secondary offering of 10 percent of the unit's shares, it said in a statement on Thursday. The listing in London and Johannesburg will be followed by a listing in the same cities of Old Mutual Limited, a holding company covering the firm's Africa-focused emerging markets division, its stake in South Africa's Nedbank (NEDJ.J) and Old Mutual plc.

  • Reuters - UK Focus2 months ago

    Old Mutual plots course for break-up this year

    Old Mutual (Other OTC: ODMUF - news) reported a 22 percent rise in annual operating profit powered by its UK asset management business and the Anglo-South African financial services group set out how it will complete its break-up plans this year. The listing in London and Johannesburg will be followed by a listing in the same cities of Old Mutual Limited, a holding company covering the firm's Africa-focused emerging markets division, its stake in South Africa's Nedbank and Old Mutual (Taiwan OTC: 6407.TWO - news) plc. Old Mutual said in 2016 it was planning to break itself into four parts, as regulatory change made the company too complex and costly to run in its current form.

  • Reuters - UK Focus2 months ago

    Old Mutual sees "material" break-up completion end-2018, FY profit up 22 pct

    Anglo-South African financial services group Old Mutual (Other OTC: ODMUF - news) said a "material" completion of its planned break-up was scheduled for the end of 2018, as it announced a 22 percent rise in 2017 operating profit on Thursday. Old Mutual, which is moving into the final stages of breaking itself into four parts, said the listing of its UK asset management business, which is changing its name to Quilter Plc, would likely be accompanied by a secondary offering of up to 9.6 percent of its shares. The listing of Quilter in London and Johannesburg will be followed by a listing in London and Johannesburg of Old Mutual Limited, a holding company covering the firm's Africa-focused emerging markets division, its stake in South Africa's Nedbank and Old Mutual plc, Old Mutual said in a statement.

  • Old Mutual's Wong Sees More Market Volatility in 2018
    Bloomberg2 months ago

    Old Mutual's Wong Sees More Market Volatility in 2018

    Old Mutual Global Investors Managing Director for Asia Pacific Carol Wong discusses the challeges for investors in Asia. She speaks to Rishaad Salamat on "Bloomberg Markets." (Source: Bloomberg)...

  • Reuters - UK Focus4 months ago

    BUZZ-Old Mutual: Bernstein raises rating ahead of company break-up

    ** Bernstein raises Anglo-South African financial services group to "outperform", saying value is set to crystallise with the imminent break-up of the group ** Managed break-up is due to complete ...

  • Old Mutual clears first hurdle in four-way break-up
    Sky News5 months ago

    Old Mutual clears first hurdle in four-way break-up

    Whoever heard of a chief executive making himself redundant? Old Mutual has now confirmed that, as Sky News reported last week , it is selling a chunk of its UK wealth management arm - which is led by star City investor Richard Buxton - to the private equity firm TA Associates for £600m. South Africa's largest life company, dating back to 1845, it had - as the name suggests - been a mutual company but decided to shed that status in an attempt to expand and become more commercial.

  • Reuters5 months ago

    Old Mutual sells Buxton UK funds business for $800 million

    Old Mutual (OML.L) is selling part of its UK asset management business, run by veteran investor Richard Buxton, to private equity firm TA Associates for 600 million pounds, as it heads towards a break-up of the group. The Anglo-South African financial services group said in a statement on Tuesday that Old Mutual Wealth had agreed the sale of its single-strategy asset management business - where each fund focuses on one type of asset rather than a mix. The sale comes ahead of a listing of the rest of Old Mutual Wealth next year.

  • Reuters - UK Focus5 months ago

    Old Mutual sells Buxton UK funds business for $800 mln

    LONDON, Dec (Shanghai: 600875.SS - news) 19 (Reuters) - Old Mutual (Other OTC: ODMUF - news) is selling part of its UK asset management business, run by veteran investor Richard Buxton, to private equity firm TA Associates for 600 million pounds ($803 million), as it heads towards a break-up of the group. The Anglo-South African financial services group said in a statement on Tuesday that Old Mutual Wealth had agreed the sale of its single-strategy asset management business - where each fund focuses on one type of asset rather than a mix.

  • Buxton close to sealing £550m TA-backed Old Mutual buyout
    Sky News5 months ago

    Buxton close to sealing £550m TA-backed Old Mutual buyout

    One of the City's most prominent investors is close to clinching a £550m buyout of his business with the backing of a former owner of Jupiter‎ Asset Management. Sky News has learnt that Richard Buxton, the chief executive of Old Mutual Global Investors (OMGI), is on the brink of a deal ‎to buy a £25bn chunk of the company. If completed, the deal would follow an intense bidding war which in‎ recent weeks has included serious interest from Macquarie, the Australian financial services group.

  • Reuters5 months ago

    Old Mutual Global Investors chief near buyout deal backed by TA Associates - source

    The buyout, which will be announced as soon as Friday or more likely next week, will be backed by private equity firm TA Associates, according to the person. A source told Reuters earlier in September that Buxton was eager to strike off on his own and had been in talks with private equity firm TA Associates about a possible management buyout of OMGI.

  • Reuters - UK Focus5 months ago

    Old Mutual Global Investors chief near buyout deal backed by TA Associates -source

    Dec (Shanghai: 600875.SS - news) 15 (Reuters) - The chief of Old Mutual Global Investors (OMGI) Richard Buxton is nearing a 550 million pound buyout of the company, according to a person familiar with the matter. The buyout, which will be announced as soon as Friday or more likely next week, will be backed by private equity firm TA Associates, according to the person. A source told Reuters earlier in September that Buxton was eager to strike off on his own and had been in talks with private equity firm TA Associates about a possible management buyout of OMGI.

  • Reuters5 months ago

    Old Mutual unit picks banks for $3.35 billion flotation - sources

    Anglo-South African financial services firm Old Mutual (OML.L)'s UK wealth unit has chosen Goldman Sachs (GS.N), JP Morgan (JPM.N) and Bank of America Merrill Lynch (BAC.N) to lead its initial public offering (IPO) next year, banking and advisory sources said. The Old Mutual Wealth flotation is one of several legs in the process of splitting parent Old Mutual into four parts. Before the listing, Old Mutual Wealth plans to sell its single-strategy asset management division, Old Mutual Global Investors (OMGI), led by veteran investor Richard Buxton.

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