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In October 1972, S.E. Rykoff & Co. issued 400,000 shares at $25 par value in the over the counter market (NASDAQ). S.E. Rykoff & Co. was generating $1.9 million in profits with revenue of $75.9 million. [5] 200,000 shares were used to repay short-term debt and to augment working capital. The remaining 200,000 shares were sold by family members. [6]
[8] [15] In November 2014, its share price, which stood at 674p before the taxpayer scandal broke in 2013, [8] collapsed to 218.7p, after four profit warnings. That same month, it was announced that Alastair Lyons , the chairman of Serco, was resigning from his position. [ 16 ]
We think intelligent long term investing is the way to go. But that doesn't mean long term investors can avoid big...
Serko was founded in 2007 by Darrin Grafton and Robert Shaw, based on a previous business idea. In 2012 Serko received a $2.3 million NZD grant from Callaghan Innovation, [5] the R&D investment arm of the New Zealand Government, and commenced an international expansion, opening a development office in Xi'an, China.
LONDON -- Shares in Serco Group have shot higher in recent weeks after the company boosted its dividend policy and posted excellent full-year results, the stock advancing 11% in less than a month ...
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The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" / ˈ f ʊ t s i /, is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock Exchange.
1 History. 2 Investments. 3 ... passed to Serco Group ... enable the payment of a special dividend of HK$16.80 per share (or 160% of the current share price).