Ithaca Energy plc (LON:ITH – Get Free Report) insider Yaniv Friedman acquired 103 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was purchased at an average cost of GBX 145 ($1.97) per share, for a total transaction of £149.35 ($202.81).
Ithaca Energy Stock Up 0.4%
ITH stock opened at GBX 145.80 ($1.98) on Friday. The company’s 50-day moving average price is GBX 136.27 and its two-hundred day moving average price is GBX 129.08. The firm has a market cap of £3.04 billion and a P/E ratio of 16.65. Ithaca Energy plc has a 12 month low of GBX 94.38 ($1.28) and a 12 month high of GBX 165.40 ($2.25).
Ithaca Energy Dividend Announcement
The business also recently declared a dividend, which was paid on Monday, April 14th. Stockholders of record on Thursday, April 10th were paid a $0.12 dividend. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 6.56%. Ithaca Energy’s payout ratio is currently 319.76%.
About Ithaca Energy
Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.
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