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National Grid Transco ( (NGG) ) has provided an announcement.
On July 16, 2025, National Grid plc announced the admission of 59,266,294 ordinary shares to the London Stock Exchange as part of its Scrip Dividend Scheme for the 2024/25 final dividend. The shares, which will begin trading on July 17, 2025, are priced at 1,040.40 pence each, with additional shares issued for US holders of American Depositary Receipts. This move is expected to enhance shareholder value and provide flexibility in dividend payments.
The most recent analyst rating on (NGG) stock is a Buy with a $80.40 price target. To see the full list of analyst forecasts on National Grid Transco stock, see the NGG Stock Forecast page.
Spark’s Take on NGG Stock
According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.
National Grid Transco’s stable operational performance and strategic investments drive a strong outlook. Despite high capital expenditures and regulatory challenges, the company’s positive momentum and appealing valuation enhance its investment appeal. The most significant factor is its robust technical position, supported by solid financial fundamentals.
To see Spark’s full report on NGG stock, click here.
More about National Grid Transco
National Grid plc is a major player in the energy sector, primarily focusing on electricity and gas transmission and distribution. The company operates in the UK and the US, providing essential infrastructure services to support energy supply and distribution.
Average Trading Volume: 1,073,310
Technical Sentiment Signal: Buy
Current Market Cap: $68.89B
Learn more about NGG stock on TipRanks’ Stock Analysis page.