National Grid Transco Expects 2024/25 Underlying EPS Broadly In Line With 2023/24 EPS One This Has Been Adjusted By Number Of Bonus Shares Issued As Part Of Rights Issue
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National Grid Transco expects its underlying EPS for 2024/25 to be broadly in line with 2023/24 EPS, adjusted for the number of bonus shares issued as part of a rights issue.
May 23, 2024 | 1:30 pm
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National Grid Transco expects its underlying EPS for 2024/25 to be broadly in line with 2023/24 EPS, adjusted for the number of bonus shares issued as part of a rights issue.
The news indicates that National Grid Transco's earnings per share (EPS) for the upcoming fiscal year will be similar to the current year's EPS, after accounting for the bonus shares issued. This suggests stability in earnings, which is neutral for the stock price in the short term.
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