SSE Seeks Admission of Over 5 Million New Shares Under Scrip Dividend Scheme

SSE ( (GB:SSE) ) has provided an update.

SSE plc has applied for the admission of 5,017,205 new ordinary shares to trading on the London Stock Exchange, reflecting the issuance of equity under its Scrip Dividend Scheme for the interim dividend for the financial year ending 31 March 2026. The new shares, which will rank equally with existing ordinary shares, indicate continued shareholder uptake of the scrip option and will modestly increase the company’s equity base ahead of their expected admission on 30 January 2026.

The most recent analyst rating on (GB:SSE) stock is a Hold with a £2350.00 price target. To see the full list of analyst forecasts on SSE stock, see the GB:SSE Stock Forecast page.

Spark’s Take on GB:SSE Stock

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

SSE’s overall score is driven by a strong strategic investment plan and positive technical indicators. However, financial performance concerns, particularly in cash flow management, and a relatively high valuation temper the outlook. The company’s proactive corporate events and earnings call insights provide a positive strategic direction, supporting a favorable long-term view.

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

More about SSE

SSE plc is a UK-based energy company primarily focused on electricity generation, transmission and distribution, as well as related energy services for residential, commercial and industrial customers.

Average Trading Volume: 3,675,523

Technical Sentiment Signal: Buy

Current Market Cap: £28.36B

For detailed information about SSE stock, go to TipRanks’ Stock Analysis page.