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Serco soarsPrisons and hospital outsourcing company Serco Group is on a roll right now. Its share price is up. ... and Liberum Capital and Espirito Santo both hail Serco a buy, the latter with a 7 ...
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 ...
Serco, through a purpose-made division Serco DES, holds a ten-year, $114 million contract with the Ministry of Transportation of Ontario to operate Ontario's DriveTest driver examination centres. These tests include vision, road, and knowledge tests for all persons seeking to become a licensed automobile driver in the province.
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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]
A seasoned equity offering (SEO) or capital increase is a new equity issued by an already publicly traded company. [1] Seasoned offerings may involve shares sold by existing shareholders (non-dilutive), new shares (dilutive), or both.
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Generally, the most senior employees own a majority stake and represent the leading voice in the company that employs them. They may be required to sell back the shares upon leaving the company. A number of countries have introduced tax advantaged share or share option plans to encourage employee share ownership.
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