Grocer banner

Smurfit Kappa Group (SKG)

Share Price:
Up 2,468.00p
Change Today:
64.00p
Market Cap:
5,866m

Smurfit slumps as Goldman said to place 3% stake

23 May 19

LONDON (ShareCast) - (Sharecast News) - Smurfit Kappa slumped on Thursday on news that one of its shareholders was selling 7 million shares of the corrugated packaging company.
According to Bloomberg, Goldman Sachs has placed a stake of about 3% in Smurfit.

At 1550 BST, the shares were down 4.1% at 2,210p.

Smurfit rallied on Wednesday after peer Mondi told its customers that prices of recycled containerboard and kraft top liner will be increased by 60 euros a tonne in June-July. Mondi said this was "driven by continued reduction of stock levels and rising market demand".



Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Market Data

Currency UK Pounds
Price 2,468.00p
Change Today 64.00p
52 Week High 3,292.00p
52 Week Low 1,934.00p
Volume 151,470
Shares Issued 237.68m
Market Cap 5,866m

Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 11-Apr-19
Paid 25-Oct-19 10-May-19
Amount 27.90¢ 72.20¢