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Michael Hennessey

London

Business Reporter at Alliance News

business reporter, alliance news | former editor @varsityuk | words @business @thetimes @telegraph @dailymirror

Articles

  • 1 day ago | shareprices.com | Michael Hennessey

    (Alliance News) - AEW UK REIT PLC on Friday maintained its dividend as it reported a "strong performance" in the 2025 financial year with its net asset value increasing. The real estate investment trust said its net asset value per share was 110.11 pence as of March 31, up 7.2% from 102.73p a year prior. NAV total return was positive 15% for the financial year to the end of March, against 5.0% the previous year.

  • 1 day ago | marketscreener.com | Michael Hennessey

    (Alliance News) - AEW UK REIT PLC on Friday maintained its dividend as it reported a "strong performance" in the 2025 financial year with its net asset value increasing. The real estate investment trust said its net asset value per share was 110.11 pence as of March 31, up 7.2% from 102.73p a year prior. NAV total return was positive 15% for the financial year to the end of March, against 5.0% the previous year.

  • 1 day ago | marketscreener.com | Michael Hennessey

    Barratt Redrow PLC - Leicestershire, England-based housebuilder formed by 2024 merger of Barratt Developments and Redrow - Says it has completed the GBP50 million buyback programme announced in February, with the next tranche to be announced in due course. UBS Group AG conducted the scheme on Barratt Redrow's behalf and purchased 11.3 million shares for GBP50 million. The buybacks are part of an ongoing plan to return at least GBP100 million per year.

  • 2 days ago | marketscreener.com | Michael Hennessey

    (Alliance News) - Topps Tiles PLC on Thursday said it has appointed Alex Jensen as its new chief executive officer as chief financial officer Stephen Hopson heads to Marston's PLC. The Leicestershire, England-based tile retailer said Jensen will join the business as CEO designate on September 15. Departing CEO Rob Parker will remain in post until "towards the end of the year," allowing for an "orderly transfer of responsibilities".

  • 2 days ago | marketscreener.com | Michael Hennessey

    (Alliance News) - IP Group PLC on Thursday said it has extended its share buyback programme by GBP20 million to a total of GBP75 million. The London-based active investor in early stage science companies said it is allocating all the proceeds it has received to date from a secondary sale, along with half its other realisations received in 2025, totalling GBP20 million, to its buyback programme.

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Michael Hennessey
Michael Hennessey @mlhennessey56
27 Aug 24

Ferrari stocks have raced ahead of rival luxury brands and carmakers in recent months. Brand loyalty and low exposure to the Chinese economy means those record gains may be extended, according to Morgan Stanley analysts Latest for @business https://t.co/iGjA3VYRGl

Michael Hennessey
Michael Hennessey @mlhennessey56
27 Aug 24

RT @business: Ferrari's outperformance of rival carmakers and luxury-goods brands this year is a reward for its “fierce brand loyalty” and…

Michael Hennessey
Michael Hennessey @mlhennessey56
14 Aug 24

RT @CityLab: Lower rents, better quality of life: The booming English city of Manchester is giving London a run for its money https://t.co/…