Costain ( (GB:COST) ) has shared an announcement.
Costain Group PLC has applied for the admission of 3,800,000 new ordinary shares to the UK Listing Authority’s Official List and the London Stock Exchange. This move is part of the company’s Long Term Incentive Plan, with shares expected to be admitted on 7 April 2025, enhancing the company’s capital structure and potentially impacting shareholder value.
More about Costain
Costain Group PLC operates in the infrastructure sector, providing engineering solutions and services. The company focuses on delivering integrated solutions to meet national needs across the UK, particularly in transportation, energy, and water sectors.
YTD Price Performance: 1.32%
Average Trading Volume: 1,277,052
Technical Sentiment Signal: Sell
Current Market Cap: £283.5M
For a thorough assessment of COST stock, go to TipRanks’ Stock Analysis page.