IWG plc (LON:IWG - Get Free Report) declared a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Investors of record on Thursday, May 1st will be given a dividend of $0.01 per share on Friday, May 30th. This represents a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, May 1st. This is a 109.3% increase from IWG's previous dividend of $0.0043. The official announcement can be viewed at this link.
IWG Stock Performance
LON IWG traded up GBX 1.70 ($0.02) on Thursday, hitting GBX 186.60 ($2.48). 1,447,729 shares of the stock were exchanged, compared to its average volume of 5,735,396. The company has a market capitalization of £1.87 billion, a PE ratio of -13.88, a P/E/G ratio of -5.59 and a beta of 2.10. The company has a debt-to-equity ratio of 12,629.31, a current ratio of 0.41 and a quick ratio of 0.45. The business's fifty day moving average is GBX 178.47 and its 200 day moving average is GBX 171.59. IWG has a 52 week low of GBX 146 ($1.94) and a 52 week high of GBX 211 ($2.80).
IWG announced that its Board of Directors has initiated a share buyback plan on Tuesday, March 4th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 2.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.
IWG Company Profile
(
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IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.
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