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Compass special divi and share consolidation approved

08 June 2017 09:36

Compass Group's proposed return of £1bn through a special dividend and share capital consolidation were approved by shareholders at a general meeting yesterday. Compass said the share consolidation was expected to occur on 26 June and the payment of the special dividend was expected to occur on 17 July.

It said the share consolidation would consolidate every 26 existing ordinary shares of 10 5/8p each into 25 new ordinary shares of 11 1/20p apiece.

At 9:36am: (LON:CPG) Compass Group PLC share price was -1.5p at 1669.5p

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