tiprankstipranks
M&G plc Seeks Admission for 22 Million Shares Under Discretionary Plans
Company Announcements

M&G plc Seeks Admission for 22 Million Shares Under Discretionary Plans

Story Highlights

Pick the best stocks and maximize your portfolio:

M&G Plc ( (GB:MNG) ) has issued an announcement.

M&G plc has applied to the Financial Conduct Authority and the London Stock Exchange for the admission of 22 million ordinary shares, which are reserved under the company’s Discretionary Plans. This move is part of M&G’s strategic initiatives to satisfy awards under its incentive and performance share plans, indicating a commitment to rewarding performance and retaining talent within the organization.

More about M&G Plc

M&G plc is a prominent company in the financial services industry, known for its investment management and insurance services. The company focuses on providing financial solutions and asset management to a diverse client base, leveraging its expertise to maintain a strong market position.

YTD Price Performance: -15.55%

Average Trading Volume: 36,756

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.8B

For an in-depth examination of MNG stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskNorges Bank Adjusts Holdings in M&G Plc, Crossing Key Threshold
TipRanks UK Auto-Generated NewsdeskM&G Plc Announces Change in Major Shareholdings by Norges Bank
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App