tiprankstipranks
Advertisement
Advertisement

Capita to Issue 800,000 New Shares to Satisfy Executive Awards

Story Highlights
  • Capita will issue 800,000 new ordinary shares to its Employee Benefit Trust to satisfy awards under the Executive Plan 2021.
  • Following admission on 8 April 2026, Capita’s total voting share capital will rise to 120,830,667 ordinary shares in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Capita to Issue 800,000 New Shares to Satisfy Executive Awards

Meet Samuel – Your Personal Investing Prophet

Capita plc ( (GB:CPI) ) has provided an announcement.

Capita plc has applied to the London Stock Exchange for the admission of 800,000 new ordinary shares of 31 pence each to trading on the main market. The shares will be issued to the company’s Employee Benefit Trust to meet obligations under Capita’s Executive Plan 2021 and will rank pari passu with existing ordinary shares.

Admission of the new shares is expected at 8:00 a.m. on 8 April 2026, after which the company’s issued share capital will total 120,830,667 ordinary shares, all carrying voting rights. The new shares will be held in the Employee Benefit Trust until employees exercise their awards, modestly increasing overall share capital while supporting the firm’s long-term incentive arrangements for executives and staff.

The most recent analyst rating on (GB:CPI) stock is a Buy with a £450.00 price target. To see the full list of analyst forecasts on Capita plc stock, see the GB:CPI Stock Forecast page.

Spark’s Take on CPI Stock

According to Spark, TipRanks’ AI Analyst, CPI is a Neutral.

The score is driven primarily by weak financial performance (recent loss, margin compression, high leverage and thin equity, and poor free-cash-flow generation) and bearish technicals (price below major moving averages with negative momentum). Valuation provides limited offset given the negative P/E and no dividend yield data.

To see Spark’s full report on CPI stock, click here.

More about Capita plc

Capita plc is a modern outsourcing group that helps public and private sector clients run complex business processes more efficiently and improve consumer experiences. Operating across eight countries and serving mainly UK and European markets, Capita delivers people-based services supported by market-leading technology and plays an integral role in services relied on by millions of people daily.

Average Trading Volume: 724,628

Technical Sentiment Signal: Strong Sell

Current Market Cap: £329.9M

For detailed information about CPI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1