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Costain Group PLC Announces Share Capital Increase

Story Highlights
  • Costain operates in the infrastructure sector, focusing on UK engineering solutions.
  • Costain increased its share capital to 272,896,316 shares due to a Scrip Dividend Scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Costain Group PLC Announces Share Capital Increase

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The latest announcement is out from Costain ( (GB:COST) ).

Costain Group PLC has announced an increase in its issued share capital to 272,896,316 ordinary shares, each carrying one vote, as of June 30, 2025. This increase is due to the allotment of shares to participants in the company’s Scrip Dividend Scheme, impacting shareholders’ calculations for notifying interest changes under FCA rules.

The most recent analyst rating on (GB:COST) stock is a Hold with a £1.05 price target. To see the full list of analyst forecasts on Costain stock, see the GB:COST Stock Forecast page.

Spark’s Take on GB:COST Stock

According to Spark, TipRanks’ AI Analyst, GB:COST is a Outperform.

Costain’s strong financial position and ongoing corporate actions, such as share buybacks and strategic project wins, provide a solid foundation. However, technical indicators suggest caution due to potential overbought conditions. The stock’s valuation is fair, aligning with industry averages.

To see Spark’s full report on GB:COST stock, click here.

More about Costain

Costain Group PLC operates in the infrastructure sector, providing engineering solutions and services for the UK market. The company focuses on delivering integrated solutions across various industries, including transportation, energy, and water.

Average Trading Volume: 1,310,568

Technical Sentiment Signal: Buy

Current Market Cap: £400.8M

See more insights into COST stock on TipRanks’ Stock Analysis page.

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