BBGI Shs Ordinary ( (GB:BBGI) ) just unveiled an update.
BBGI Global Infrastructure S.A. has declared a second interim cash dividend of 4.20 pence per share for the period from 1 July to 31 December 2024, aligning with its target dividend payment for the financial year. Additionally, the company announced an adjustment to the offer price for its shares following a recommended cash offer by Boswell Holdings 3 S.C.Sp., reducing the offer price to 143.3 pence per share due to the dividend declaration. This development may impact BBGI’s market positioning and shareholder value.
More about BBGI Shs Ordinary
BBGI Global Infrastructure S.A. is a responsible infrastructure investment company and a constituent of the FTSE 250. It invests in and actively manages a globally diversified, low-risk portfolio of essential social infrastructure investments, aiming to deliver stable and predictable cash flows with progressive long-term dividend growth. BBGI’s investments are supported by secure public sector-backed contracted revenues and are located in highly rated investment grade countries.
YTD Price Performance: 14.61%
Average Trading Volume: 4,518,126
Technical Sentiment Consensus Rating: Sell
Learn more about BBGI stock on TipRanks’ Stock Analysis page.