Blow for small shareholders as Royal Mail cuts dividend
5 years, 10 months ago

Blow for small shareholders as Royal Mail cuts dividend

Daily Mail  

Royal Mail is the latest major British company to slash its dividend – a huge blow to thousands of small shareholders. Rico Back, Royal Mail’s boss, said this would fund £1.8billion of investment over five years to prepare it for a future dominated by internet shopping. We have sought to find the appropriate balance between investing in the future sustainability, and shareholder returns.’ The internet shopping boom has prompted Royal Mail to shift towards parcels and away from letters. The turmoil has seen Royal Mail shares plunge by nearly 60 per cent compared to a year ago.

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History of this topic

Royal Mail sees parcel boost over Christmas as £3.6bn takeover nears completion
2 months, 1 week ago

Royal Mail sees parcel boost over Christmas as £3.6bn takeover nears completion

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The owner of Royal Mail …

UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire
3 months, 1 week ago

UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Britain's government gave the go-ahead …

UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire
3 months, 1 week ago

UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire

Associated Press  

LONDON — Britain’s government gave the go-ahead Monday for the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its 500-year history. Authorities confirmed Monday that the 3.6 billion-pound takeover of Royal Mail’s owner, International Distribution Services, by billionaire Daniel Kretinsky’s EP …

Royal Mail: Britain clinches the terms of the deal to sell 500-year-old postal service to a Czech billionaire
Trending News
3 months, 1 week ago

Royal Mail: Britain clinches the terms of the deal to sell 500-year-old postal service to a Czech billionaire

CNN  

London CNN — Royal Mail, which dates back to the reign of Henry VIII in the 1500s, is set to be sold to a Czech billionaire in a deal that will keep the institution based in Britain. Daniel Křetínský’s EP Group has made “legally binding commitments” to the UK government as part of the process to buy the postal service …

Royal Mail close to being sold to Czech billionaire Daniel Kretinsky
4 months ago

Royal Mail close to being sold to Czech billionaire Daniel Kretinsky

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Royal Mail is close …

Royal Mail announces it has been bought for £3.57 billion by Czech billionaire Daniel Kretinsky's EP Group
10 months ago

Royal Mail announces it has been bought for £3.57 billion by Czech billionaire Daniel Kretinsky's EP Group

Daily Mail  

The board of Royal Mail owner International Distribution Services said it has agreed to a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky's EP Group. Royal Mail parent company International Distribution Services says it has agreed a £3.57bn takeover by Czech businessman Daniel Kretinsky Mr Kretinsky already owned more than a quarter of IDS, and has stakes in several …

Royal Mail shareholders paid over £800m in past four years while services are scaled back
7 years, 5 months ago

Royal Mail shareholders paid over £800m in past four years while services are scaled back

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Royal Mail shareholders have been paid over £800m in the past …

The bankers making millions from the Royal Mail firesale
11 years, 4 months ago

The bankers making millions from the Royal Mail firesale

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Other substantial Royal Mail shareholders listed by Equiniti, the …

Royal Mail sell-off to begin within weeks - but so will strikes
11 years, 6 months ago

Royal Mail sell-off to begin within weeks - but so will strikes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government came under fresh …

On offer to all, £750 of shares in the Royal Mail after Government starts process of privatising £3bn business
11 years, 6 months ago

On offer to all, £750 of shares in the Royal Mail after Government starts process of privatising £3bn business

Daily Mail  

On offer to all, £750 of shares in the Royal Mail after Government starts process of privatising £3bn business Vince Cable insisted 6-day-a-week service will be protected by the sale Biggest government sell-off since the railways in the 1990s Unions are bitterly opposed and have threatened strike action Labour accuses the government of rushing 'fire sale' in face of opposition …

Royal Mail profit up to £404m
14 years, 10 months ago

Royal Mail profit up to £404m

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Royal Mail said the latest performance showed the …

Royal Mail profits rise by 4%
15 years, 3 months ago

Royal Mail profits rise by 4%

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. "A combination of new and upgraded sorting machines in mail centres means more than …

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