S4 Capital Plc (GB:SFOR) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
S4 Capital plc is set to issue over 3.2 million new shares as part of a deferred consideration for its merger with social media marketing agency XX Artists, aiming to bolster its presence in the U.S. market. The shares are expected to be admitted to the London Stock Exchange’s Main Market, with the process anticipated to be finalized by the morning of July 1, 2024. The company, founded by industry veteran Sir Martin Sorrell, continues to focus on creating a purely digital marketing services business, targeting a balanced revenue split across its global operations.
For further insights into GB:SFOR stock, check out TipRanks’ Stock Analysis page.