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National Grid Transco ( (NGG) ) has provided an update.
National Grid plc recently announced updates regarding its total voting rights and several transactions involving its directors and persons discharging managerial responsibilities (PDMRs). As of December 31, 2024, the company’s registered capital comprised over 5.1 billion ordinary shares, with nearly 240 million held as treasury shares, leaving around 4.9 billion shares with voting rights. This information is crucial for shareholders to calculate their interests under regulatory guidelines. Additionally, notifications were made concerning monthly share purchases by key executives, including the Chief Financial Officer, Chief Executive, and Chief People and Culture Officer, as part of the Share Incentive Plan. These transactions highlight ongoing engagement and investment by top management in the company’s future, potentially impacting stakeholder perceptions and market confidence.
More about National Grid Transco
National Grid plc is an electricity and gas utility company based in the United Kingdom. It primarily operates in the transmission and distribution of electricity and gas across Great Britain and the northeastern United States, focusing on maintaining and developing robust energy networks.
YTD Price Performance: 3.69%
Average Trading Volume: 705,818
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $59.3B
Learn more about NGG stock on TipRanks’ Stock Analysis page.
