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19.02.25 - 23:51
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XFRA : CAPITAL ADJUSTMENT INFORMATION - 21.02.2025 - US7083262029 (XETRA)
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Das Instrument 3PN0 US7083262029 PENNON GROUP PLC UNS.ADR2 EQUITY wird cum Kapitalmassnahme gehandelt am 20.02.2025 und ex Kapitalmassnahme am 21.02.2025
The instrument 3PN0 US7083262029 PENNON GROUP PLC UNS.ADR2 EQUITY is traded cum capital adjustment on 20.02.2025 and ex capital adjustment on 21.02.2025...
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29.01.25 - 12:36
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United Utilities and Pennon to increase dividend payments as water bills rise (The Guardian)
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Both will raise dividends in line with inflation, as South West Water and United Utilities bills to increase 23% and 32% over five yearsBusiness live – latest updatesTwo of England's privatised water monopolies, the South West Water owner Pennon and United Utilities, have said they will increase dividend payments to investors, as they prepare to raise household bills.The companies said they had accepted the regulator Ofwat's final determination of what they may charge customers – removing the possibility of an appeal to try to argue that bills should be higher. The decisions mean the companies will go ahead with increases in bills of 23% for South West Water and 32% for United Utilities over five years from April. Continue reading......
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19.12.24 - 19:00
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Ofwat opts for expediency. It′s time for water companies to stop bleating | Nils Pratley (The Guardian)
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Water bill increases are at about the level most firms asked for – but not so for beleagured Southern and ThamesAverage water bill to rise by 36% over five yearsHow much more might you pay in your area?Water bills in England and Wales were always going to rise massively. The question was the degree. Ofwat has landed on figures that, for about three-quarters of the companies, represent roughly what they wanted in order to fund regular operations and build new projects.The response in the share prices of the few firms that remain on the stock market always offers the best instant guide to these hellishly complicated five-yearly regulatory determinations. On a bad day in the wider market, Severn Trent and United Utilities were two of best performers in the FTSE 100 index; Pennon, owner of South West Water, was in step in the FTSE 250. Continue reading......
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