Connect Group PLC (LON:CNCT) insider Jonathan Bunting sold 45,972 shares of the company’s stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of GBX 117 ($1.59), for a total transaction of £53,787.24 ($72,941.74).
Shares of Connect Group PLC (LON CNCT) traded down GBX 0.90 ($0.01) during trading hours on Thursday, hitting GBX 110 ($1.49). 405,229 shares of the stock were exchanged, compared to its average volume of 138,768. The company has a market cap of $272.43 and a price-to-earnings ratio of 1,000.00. Connect Group PLC has a 1 year low of GBX 88 ($1.19) and a 1 year high of GBX 159.74 ($2.17).
The business also recently declared a dividend, which will be paid on Friday, February 9th. Stockholders of record on Thursday, January 11th will be issued a GBX 6.70 ($0.09) dividend. This is a positive change from Connect Group’s previous dividend of $3.10. The ex-dividend date is Thursday, January 11th. This represents a dividend yield of 6.09%.
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About Connect Group
Connect Group PLC is a United Kingdom-based distribution company. The Company’s segments include Connect News & Media: News Distribution (Smiths News); Connect News & Media: Media (DMD); Connect Parcel Freight (Tuffnells); and Connect Books (Bertrams, Dawson Books and Wordery). Smiths News segment distributes newspapers and magazines to approximately 30,000 retailers across England and Wales from over 40 distribution centers.
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