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Its share price is up 10% in the last month, after it reported a 27% rise in full-year profits for 2012 to 302 million pounds. The market understandably likes this stock right now. Should I buy it?
[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 ]
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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]
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This enables it to raise finance by the issuing and sale of shares to the public, such as through advertising, but without listing on an exchange. [3] Though the criteria vary somewhat between jurisdictions, a public company is a company that is registered as such and generally has a minimum share capital and a minimum number of shareholders.
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LONDON -- The shares of Serco were flat at 633 pence yesterday morning after the international services group said it expects to see a modest improvement on last year's 4% growth in revenue. Serco ...