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An announcement from Pennon Group plc ( (GB:PNN) ) is now available.
Pennon Group plc has announced the admission of 185,928,002 new ordinary shares as part of a Rights Issue, with these shares now being listed on the London Stock Exchange. This move is part of the company’s efforts to bolster its financial foundation, potentially enhancing its market position and investor appeal.
More about Pennon Group plc
YTD Price Performance: 0.04%
Average Trading Volume: 1,202,797
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.65B
For a thorough assessment of PNN stock, go to TipRanks’ Stock Analysis page.
