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RTC Group sets AGM votes on dividend, buy-back authority and disputed board appointments

Story Highlights
  • RTC Group has called its 2026 AGM to approve 2025 accounts, a 5.5p dividend, auditor changes and renewed authorities for issuing shares and buying back up to 1.88 million shares.
  • Shareholder David Stredder has proposed two new directors, but the board urges investors to reject them, citing strong relative performance and concerns over the nominees’ independence and sector experience.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RTC Group sets AGM votes on dividend, buy-back authority and disputed board appointments

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RTC Group plc ( (GB:RTC) ) just unveiled an announcement.

RTC Group plc has republished the notice of its 2026 Annual General Meeting, confirming that shareholders will vote on standard annual items including the adoption of the 2025 accounts and remuneration report, the re-election of director AM Pendlebury, the appointment of Cooper Parry Group Limited as auditor, and a proposed final dividend of 5.5p per share. The AGM will also consider renewed authorities to allot shares, disapply pre-emption rights in limited circumstances, and permit market purchases of up to 1,881,874 ordinary shares.

In addition, shareholder David Stredder has requisitioned resolutions to appoint Paul Hooper and Gerard Oates as directors, which the board opposes as contrary to shareholders’ best interests and good governance. The directors urge investors to vote against these proposals, arguing that the current board has delivered superior performance versus larger listed peers, is close to appointing an additional independent non-executive director, and that the proposed nominees lack the independence, sector experience and breadth of expertise the company deems necessary for effective oversight.

Spark’s Take on RTC Stock

According to Spark, TipRanks’ AI Analyst, RTC is a Outperform.

The score is driven primarily by strong valuation (very low P/E and high dividend yield) and solid underlying financial resilience (improved balance sheet and strong recent free cash flow). These positives are tempered by the sharp revenue decline risk and technically overbought conditions that increase near-term downside volatility.

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

More about RTC Group plc

RTC Group plc is a UK-based company operating in the recruitment and staffing sector, with a focus on specialist placements and contract services. The group has maintained robust margins and profitability despite a challenging environment for the wider UK recruitment industry, supported by strong cash generation, share buy-backs and recent significant contract wins.

Average Trading Volume: 7,893

Technical Sentiment Signal: Buy

Current Market Cap: £16.76M

For a thorough assessment of RTC stock, go to TipRanks’ Stock Analysis page.

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