RMG.L - Royal Mail plc

LSE - LSE Delayed price. Currency in GBp
389.20
-1.30 (-0.33%)
At close: 5:10PM BST
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Previous close390.50
Open391.60
Bid388.00 x 10300
Ask405.00 x 162400
Day's range388.40 - 392.60
52-week range368.26 - 501.00
Volume5,248,607
Avg. volume4,116,857
Market cap3.89B
Beta0.28
PE ratio (TTM)14.26
EPS (TTM)N/A
Earnings dateN/A
Forward Dividend & Yield0.29 (5.80%)
Ex-dividend date2017-06-29
1y target estN/A
  • Royal Mail wins High Court injunction to block 48-hour strike
    Sky News9 days ago

    Royal Mail wins High Court injunction to block 48-hour strike

    Royal Mail (LSE: RMG.L - news) has won a High Court injunction preventing next week's 48-hour strike by postal workers. Around 110,000 members of the Communications Workers Union (CWU) were set to walk out from 19 October in what would have been the first national postal strike since Royal Mail was privatised in 2013. Staff had voted overwhelmingly earlier this month in favour of industrial action in a long-running dispute over pensions, pay and jobs.

  • Royal Mail wins temporary block on strike with injunction
    Reuters9 days ago

    Royal Mail wins temporary block on strike with injunction

    The union has been at odds with the British postal company over its plans to save billions of pounds on its pension contributions by ending a long-standing defined benefit scheme. The High Court in London ruled that dispute resolution procedures must be followed before any industrial action, Royal Mail said in a statement, adding it would contact the CWU as a matter of urgency to begin the process of external mediation, which could take until Christmas or beyond. "We want an agreement and will comply with the injunction to undertake further external mediation.

  • Reuters - UK Focus9 days ago

    Royal Mail wins temporary block on strike with injunction

    Oct (Shenzhen: 000069.SZ - news) 12 (Reuters) - Royal Mail blocked a strike by Communications Workers Union members on Thursday, winning a High Court injunction preventing action during the crucial pre-Christmas delivery period. The union has been at odds with the British postal company over its plans to save billions of pounds on its pension contributions by ending a long-standing defined benefit scheme.

  • Royal Mail workers to ask court to let strike go ahead
    Reuters10 days ago

    Royal Mail workers to ask court to let strike go ahead

    Royal Mail on Monday applied to the High Court for an injunction to prevent any strike action being taken before an agreed mediation process for settling labour disputes has been exhausted. "In light of Royal Mail’s legal challenge we can confirm that the union will be defending its case at the Royal Courts of Justice ... on Thursday," CWU said in an emailed statement.

  • Reuters - UK Focus10 days ago

    Royal Mail workers to ask court to let strike go ahead

    Oct (Shenzhen: 000069.SZ - news) 11 (Reuters) - Britain's Communications Workers Union (CWU) is to ask the High Court in London on Thursday to allow its members working at Royal Mail (LSE: RMG.L - news) to go ahead with a strike, the union said on Wednesday. Royal Mail on Monday applied to the High Court for an injunction to prevent any strike action being taken before an agreed mediation process for settling labour disputes has been exhausted. "In light of Royal Mail’s legal challenge we can confirm that the union will be defending its case at the Royal Courts of Justice ... on Thursday," CWU said in an emailed statement.

  • Reuters - UK Focus11 days ago

    Royal Mail labour union to defend position in legal battle over strike

    Oct (Shenzhen: 000069.SZ - news) 11 (Reuters) - Britain's Communications Workers Union (CWU) said it would defend its position at London's Royal Courts of Justice on Oct. 12, after Royal Mail (LSE: RMG.L - news) sought an injunction to prevent union members from striking later this month in a dispute over pensions. CWU said last week that members would start a 48-hour strike on Oct. 19 after the union opposed the company's move to replace its defined benefit pension scheme. Royal Mail responded by saying it would use all legal options at its disposal to halt the strike.

  • Reuters - UK Focus11 days ago

    BUZZ-Royal Mail: UBS upgrades on valuation

    ** Royal Mail up 2.5 pct after UBS upgrades to "neutral", near top of FTSE 250 ** Broker says the announced strike has led to share price underperformance & there is too much uncertainty to become ...

  • Reuters12 days ago

    Royal Mail to seek court injunction to prevent strike

    "CWU has declined to withdraw its notification," Royal Mail said in an email. "As a result, Royal Mail will today lodge an application with the High Court for an injunction to prevent industrial action so that the contractual external mediation process can be followed," it added.

  • Reuters - UK Focus12 days ago

    Royal Mail to seek court injunction to prevent strike

    Oct (Shenzhen: 000069.SZ - news) 9 (Reuters) - Britain's Royal Mail (LSE: RMG.L - news) said on Monday it was seeking a High Court injunction after the Communications Workers Union (CWU) failed to withdraw a plan for its Royal Mail members to strike later this month in a dispute over pensions. "CWU has declined to withdraw its notification," Royal Mail said in an email. "As a result, Royal Mail will today lodge an application with the High Court for an injunction to prevent industrial action so that the contractual external mediation process can be followed," it added.

  • Royal Mail vows to stop strike as union reveals date of walkout
    Sky News16 days ago

    Royal Mail vows to stop strike as union reveals date of walkout

    Royal Mail (LSE: RMG.L - news) has vowed to stop the first national postal strike since 2013 after the union representing front line staff announced when it will stage a 48-hour walkout. The Communication Workers Union (CWU), which has refused to rule out strikes in the run-up to the crucial Christmas delivery period, said 110,000 workers will begin industrial action at 11am on Thursday 19 October. Earlier this week, the union said staff had voted "overwhelmingly" in favour of a walkout - with representatives calling for Royal Mail bosses to resign because they had lost the trust of their workforce.

  • Reuters16 days ago

    Royal Mail prepared to challenge planned strike in court

    The Communications Workers Union (CWU) said the 48-hour strike would begin at 1000 GMT on Oct. 19 and would involve about 111,000 postal workers. Royal Mail said it is committed to further talks to reach an agreement as a matter of urgency but that there are no grounds for industrial action. "We believe any strike action before the dispute resolution procedures have been followed would be unlawful," a spokesman said after a company statement raised the prospect of taking the matter to the courts.

  • Reuters - UK Focus16 days ago

    Royal Mail prepared to challenge planned strike in court

    Britain's Royal Mail will use all legal options at its disposal to halt a strike by postal workers this month, it said on Thursday after the industry union announced the action over a pensions dispute. The Communications Workers Union (CWU) said the 48-hour strike would begin at 1000 GMT on Oct. 19 and would involve about 111,000 postal workers.

  • Union delivers Royal Mail strike dates in pension and pay row
    Sky News16 days ago

    Union delivers Royal Mail strike dates in pension and pay row

    Royal Mail (LSE: RMG.L - news) has vowed to stop the first national postal strike since 2013 after the union representing frontline staff announced a 48-hour walkout. The Communication Workers Union (CWU), which has refused to rule out strikes in the run-up to the crucial Christmas delivery period without a resolution, said 110,000 workers would down post from 11am on Thursday 19 October. The decision followed, what it called earlier this week, "overwhelming" support for such action in a strike ballot - demanding bosses to resign saying they had lost the trust of their workforce.

  • Reuters - UK Focus16 days ago

    Royal Mail labour union says workers to strike on Oct. 19

    Britain's Communications Workers Union said on Thursday its members working in Royal Mail would start a 48 hour strike on Oct. 19, after it opposed the company's move to replace its defined benefit pension ...

  • Reuters17 days ago

    Poste Italiane says parcel strike hitting it hard

    The head of one of Poste Italiane's (PST.MI) parcel units said on Wednesday a month-long strike by workers at some contractors was crippling parcel deliveries and hurting restructuring plans. Parcel deliveries are seen as a valuable growth area for the Italian post office. Its SDA Express Courier unit is one of the companies that delivers parcels in Italy for e-commerce giant Amazon (AMZN.O).

  • Reuters - UK Focus17 days ago

    Poste Italiane says parcel strike hitting it hard

    ROME, Oct (Shenzhen: 000069.SZ - news) 4 (Reuters) - The head of one of Poste Italiane (Dusseldorf: 29884131.DU - news) 's parcel units said on Wednesday a month-long strike by workers at some contractors was crippling parcel deliveries and hurting restructuring plans. Parcel deliveries are seen as a valuable growth area for the Italian post office. Its SDA Express Courier unit is one of the companies that delivers parcels in Italy for e-commerce giant Amazon.

  • Reuters - UK Focus18 days ago

    BUZZ-Royal Mail: falls after workers vote to strike

    ** Royal Mail shares down 3.6 pct as workers vote to hold a strike in pension dispute ** Comes after co's move to replace its defined benefit pension scheme & potentially threatens postal delays at Christmas ...

  • Reuters18 days ago

    Royal Mail workers vote to strike in pension dispute - union

    The Communications Workers Union (CWU) said 89.1 percent of its members at Royal Mail (RMG.L) voted for the strike. The CWU told Royal Mail last month that it would ballot more than 100,000 of its members over whether to take industrial action. The union has said Royal Mail's move to replace the pension scheme would result in members losing on average up to a third of their future pensions.

  • Reuters - UK Focus18 days ago

    Royal Mail workers vote to strike in pension dispute - union

    Oct (Shenzhen: 000069.SZ - news) 3 (Reuters) - Royal Mail workers have voted to strike following the company's move to replace its defined benefit pension scheme, potentially threatening postal delays at Christmas. The Communications Workers Union (CWU) said 89.1 percent of its members at Royal Mail voted for the strike.

  • Royal Mail staff back national strike in pay and pension dispute
    Sky News18 days ago

    Royal Mail staff back national strike in pay and pension dispute

    Royal Mail (LSE: RMG.L - news) staff have voted "overwhelmingly" in favour of strike action, with a union not ruling out the prospect of national walkouts in the run-up to Christmas. The Communication Workers Union (CWU) said a ballot of 110,000 staff had a turnout of 73% - with 89% of voters backing industrial action. Any strike would represent the first at Royal Mail since its controversial privatisation four years ago.

  • Reuters - UK Focus18 days ago

    Royal Mail labour union says workers vote to strike over pension plan

    Oct (Shenzhen: 000069.SZ - news) 3 (Reuters) - Britain's Communications Workers Union (CWU) said 89.1 percent of its members working in Royal Mail (LSE: RMG.L - news) voted to go on strike after it opposed the company's move to replace its defined benefit pension scheme. The CWU informed Royal Mail last month that it would ballot more than 100,000 of its members over whether to take industrial action. The CWU has said Royal Mail's move to replace its defined benefit pension scheme would result in members losing on average up to a third of their future pensions.

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  • Royal Mail staff to vote on industrial action - union
    Sky News2 months ago

    Royal Mail staff to vote on industrial action - union

    The Communications Workers Union (CWU) is to ballot more than 100,000 of its members working for Royal Mail (LSE: RMG.L - news) over industrial action. Officials said the vote reflected frustration over the failure to resolve a series of disagreements, including on pension reform, and the company's general direction since its controversial privatisation almost three years ago. It announced the ballot 10 days before Royal Mail is due to be relegated from the top-flight FTSE 100 share index following an erosion in its market value - a degradation some market analysts partly-blamed on the risk of strikes.

  • Reuters - UK Focus2 months ago

    Britain's CWU to ballot Royal Mail workers on industrial action

    Britain's Communications Workers Union (CWU) will ballot more than 100,000 of its members working for Royal Mail Plc (LSE: RMG.L - news) over industrial action, it said on Tuesday. The CWU has opposed Royal Mail's move to replace its defined benefit pension scheme, saying it would result in members losing up to a third of their future pensions on average. "Royal Mail is very disappointed that the CWU has announced it will issue a formal notice to ballot for industrial action.

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