Tesco shares steady with £750 million buyback in focus
Tesco repurchased 2 million shares on June 5 at an average price of 455.68p, as part
easyJet Shares Hold Bid Premium as June 26 Takeover Clock Ticks
easyJet shares rose 0.36% to 473.42p in London on Monday amid ongoing takeover speculation, with Castlelake considering a possible bid above 403.23p per share. The stock traded between 450.80p and 479.00p on
Lloyds Shares Slip Under 99p as Oil Shock Tests the UK Bank Trade
Lloyds Banking Group shares fell 0.2% to 98.94p in late-morning London trading, tracking a broader European equity decline after renewed Iran-Israel strikes and AI-stock selling. The bank disclosed a 5 million-share buyback on June 5, with shares to be cancelled. Barclays and NatWest also slipped, reflecting sector-wide pressure. Lloyds remains below its 114.60p year high.
Unilever Down After €1.5B Buyback, Focus on Margins
Unilever shares fell 0.57% to 4,164p in late London trading Monday, trimming gains after a €1.5 billion share buyback completed Friday. The company recently agreed to merge its Foods business with McCormick, targeting a $20 billion global flavours group. Global stocks slipped as Middle East unrest pushed oil prices higher. Unilever kept its full-year growth target at the lower end of its 4% to 6% range.
Glencore Share Price Today: The Stock Barely Moves as Copper, Oil and Rio Tinto Questions Loom
Glencore shares held near 591p in London on Monday, up slightly after last week’s sharp drop, while the FTSE 100 slipped 0.3%. Copper prices edged higher but stayed near a one-week low; Brent crude jumped over 4% after new Middle East strikes. Rio Tinto fell 0.71%, with Glencore mildly outperforming mining peers. Glencore kept its 2026 production guidance unchanged.
BP Shares Jump As Oil Shock Lets Traders Look Past Boardroom Turmoil
BP shares rose 1.37% to 553.50 pence in early London trading Monday, outperforming a falling FTSE 100, after oil prices jumped on renewed Middle East tensions. Brent crude climbed 4.47% to $97.15 a barrel following Israeli strikes on Iran and Lebanon. Shell shares also gained, up 0.82%. BP continues restructuring after last month’s board shakeup and is in talks to sell North Sea assets to Ithaca Energy.
Tate & Lyle shares surge 12% after £3.8bn Ingredion deal threatens London place
Tate & Lyle agreed to a £2.7 billion cash takeover by U.S.-based Ingredion, valuing shares at up to 615p including dividends. Shares jumped 12.5% to 553p in early London trading but remained below the offer price. The deal awaits shareholder, court, and regulatory approval, with closing expected in the second half of 2027. Over 4.7 million shares changed hands before 09:00 BST.
CSL Shares Up 5.75%, What Comes Next May Be Tougher
CSL Limited shares jumped 5.75% to A$97.91 on Friday, leading health care gains on the S&P/ASX 200 ahead of the King’s Birthday holiday. The rally followed a volatile week and a May downgrade, with CSL warning of US$5 billion in non-cash impairments and forecasting about US$3.1 billion net profit after tax. The ASX is closed Monday. Full-year results are due August 18.
New Catalyst for Macquarie Stock in Metals, but ASX Investors on Hold
The Australian Securities Exchange will close Monday for the King’s Birthday holiday, pausing Macquarie Group trading after shares ended Friday at A$236.42. Cargill is in talks to sell its metals business to Macquarie, sources told Reuters, but no deal is certain. The S&P/ASX 200 dropped 0.70% Friday, ending at 8,625.10. Macquarie’s Commodities and Global Markets division posted a near 50% profit jump last year.
Imperial Brands Shares Jumped Friday — Why Monday’s Open Matters Now
Imperial Brands jumped 2.79% to 2,761p on Friday, capping a 2.4% weekly gain despite trading well below its 52-week high. The company bought back 160,000 shares on June 4 as part of a £1.45 billion repurchase plan. CEO Lukas Paravicini said Imperial remains on track for full-year profit targets. The stock outperformed the FTSE 100, which slipped 0.4% for the week.
CSL Shares Up 5.75%, What Comes Next May Be Tougher
CSL Limited shares jumped 5.75% to A$97.91 on Friday, leading health care gains on the S&P/ASX 200 ahead of the King’s Birthday holiday. The rally followed a volatile week and a May downgrade, with CSL warning of US$5 billion in non-cash impairments and forecasting about US$3.1 billion net profit after tax. The ASX is closed Monday. Full-year results are due August 18.
New Catalyst for Macquarie Stock in Metals, but ASX Investors on Hold
The Australian Securities Exchange will close Monday for the King’s Birthday holiday, pausing Macquarie Group trading after shares ended Friday at A$236.42. Cargill is in talks to sell its metals business to Macquarie, sources told Reuters, but no deal is certain. The S&P/ASX 200 dropped 0.70% Friday, ending at 8,625.10. Macquarie’s Commodities and Global Markets division posted a near 50% profit jump last year.
Imperial Brands Shares Jumped Friday — Why Monday’s Open Matters Now
Imperial Brands jumped 2.79% to 2,761p on Friday, capping a 2.4% weekly gain despite trading well below its 52-week high. The company bought back 160,000 shares on June 4 as part of a £1.45 billion repurchase plan. CEO Lukas Paravicini said Imperial remains on track for full-year profit targets. The stock outperformed the FTSE 100, which slipped 0.4% for the week.
Rightmove drops from FTSE 100, dragging battered shares back into focus
Rightmove will drop out of the FTSE 100 and join the FTSE 250 after June 19, following a sustained fall in market value. Shares closed Friday at 437.60p, down 0.20%. UK house prices fell for a third straight month in May, weighing on property stocks. Rightmove’s stock remains nearly 47% below its 52-week high.
Intertek Stock Trades Close to £60 With Takeover Deadline Approaching
Intertek shares closed Friday at 5,455p, up 1.21% but still about 10% below EQT’s possible £60-a-share bid. EQT faces a June 11 deadline to make a firm offer or walk away. Intertek’s board signaled conditional support for the terms if due diligence is completed. Trading volume reached 806,340 shares.
BAE Systems Shares Face Fresh Doubt as UK Defense Spending Hangs
BAE Systems shares closed Friday at 1,930.50 pence, up 0.76% for the day but still down 4.6% from May 29. The UK government has yet to release its Defence Investment Plan, with Prime Minister Keir Starmer promising it before the NATO summit on July 7. BAE’s next major update is its half-year results on July 30. Peers QinetiQ and Rolls-Royce ended Friday little changed.
IHG Stock Approaches New Peak; Hotel Group Keeps Up Share Buybacks
IHG shares rose 1.05% to $163.50 in late London trade Monday after the company announced another share buyback. IHG bought 10,000 shares on June 5 at an average $162.00 each, planning to cancel them as part of a $950 million capital-return program. The company’s shares have traded in U.S. dollars on the London Stock Exchange since January. Investors continued to favor hotel stocks amid steady travel demand.
Auto Trader’s £500 Million Buyback Puts Spotlight on FTSE 100 Shares
Autotrader Group shares held steady at £4.69 on Monday after the company announced it bought 5.55 million shares for cancellation between June 1 and June 5. The stock is down 40.66% over the past year. Autotrader reported annual revenue of £624.3 million and operating profit of £392.7 million. The company’s AGM is set for July 16 in Manchester.
Diploma PLC Stock Holds Close to Record as FTSE 100 Steadies and Guidance Hike Stays in Focus
Diploma PLC shares rose 0.4% to 7,050p in late London trading Monday, recovering some of Friday’s 1.54% drop. The FTSE 100 firm recently raised its fiscal 2026 organic revenue growth forecast to 12%, with first-half revenue up 17% to £851.1 million and adjusted operating profit up 33%. CEO Johnny Thomson said the second half “started well.” Next update is due July 16.
Halma Shares Drop Ahead of Results
Halma shares rose 0.17% to 4,670p/4,672p in late London trade Monday, after dropping 4.39% Friday. The company reports full-year results June 11, with investors watching growth, margins, and orders. Halma expects mid-teens organic revenue growth and a 22% adjusted EBIT margin for the year ended March 31. The FTSE 100 edged up 0.07% as European markets fell on tech and Middle East concerns.
Reckitt Shares Dip as Buyback Does Little to Ease Margin Concerns
Reckitt shares fell 1.7% to 4,471p in London Monday after the company announced a new share buyback and a €150 million tap of its 2035 notes. Investors remain concerned about slow first-quarter growth and margin pressure, despite ongoing returns to shareholders. The FTSE 100 was little changed. Haleon and Unilever also traded lower.
Jefferies Boosts Diageo, U.S. Struggles Still Loom
Diageo shares rose 0.6% to 1,504.0 pence in London trading after Jefferies raised its price target to 2,000 pence and reiterated a Buy rating. North American sales remain weak, down 9.4% in the latest quarter, with investors awaiting a strategy update on August 6.
Kingfisher Stock Edges Down as B&Q Awaits Bigger Challenges
Kingfisher PLC shares fell 0.9% to 281.5 pence in London Monday afternoon, underperforming a steady FTSE 100. First-quarter like-for-like sales slipped 0.7%, with B&Q down 4.1% and Screwfix up 4.1%. The company kept its full-year profit target and continued a £300 million share buyback. Peers showed little movement, with Wickes up 0.3% and Travis Perkins down 0.6%.
Burberry Shares Bounce as Investors Look for Evidence of Recovery
Burberry shares rose 0.77% to 1,114.50p by 14:54 BST in London, reversing earlier losses, with trading volume more than double the average at 4.53 million shares. The stock remains below its 52-week high of 1,376.50p set in January. Burberry’s annual meeting is scheduled for July 15, with first-quarter results due July 17. The company last reported a 2% dip in full-year revenue to £2.42 billion but a swing to £115 million in operating profit.
Tesco shares steady with £750 million buyback in focus
Tesco repurchased 2 million shares on June 5 at an average price of 455.68p, as part of its £750 million buyback plan. Shares traded near 454p Monday, little changed despite new grocery market data showing Tesco’s UK share rose to 28.5%. The company has bought 58.8 million shares for £267.6 million since launching the programme. FTSE 100 edged up near 10,388 as oil prices rebounded.
Antofagasta Shares Rebound Even With Copper Under Pressure
Antofagasta shares rose 1.21% to 4,018p in London Monday, rebounding after a 5.7% drop Friday. Copper futures edged up 0.38% to $13,570.50 a ton but stayed near one-week lows amid weak Chinese prices and U.S. rate concerns. No new company statements were issued. Shares remain up about 112% for the year.
Vodafone Moves Ahead of FTSE, Germany Looms Large
Vodafone shares rose 0.77% to 111.25 GBX in late London trading Monday, outperforming a flat FTSE 100. The move followed the stock going ex-dividend on June 4. Investors focused on Vodafone’s plan to take full control of VodafoneThree, pending UK approval, while Germany remains a pressure point. Next update is the Q1 FY27 trading statement on July 27.
Oxford Instruments Shares Slip Before Results as Chip-Tech Deal Raises the Bar
Oxford Instruments shares slipped 0.13% to 3,060p Monday ahead of Tuesday’s preliminary results, despite announcing a semiconductor collaboration with Covalent. The FTSE 250 stock traded near its year high, limiting upside for routine updates. Analysts expect FY26 revenue of £420.7 million and adjusted EBIT of £71.3 million. Six analysts’ median 12-month target price stands at 2,695p, below Monday’s close.
Why Beazley’s Stock Is Still Sitting Below Zurich’s Cash Offer
Beazley shares traded at 1,282.5p in London on Monday, about 2% below Zurich Insurance’s 1,310p cash takeover offer. Zurich disclosed it now holds 25.7 million Beazley shares after June 5 purchases. Shareholders approved the £8.1 billion deal in April; completion awaits court sanction and is expected in the second half of 2026.
Haleon shares fall as Sensodyne firm commits £175 million to India move
Haleon shares fell 0.9% in London after the company announced a £175 million investment in its first owned factory in India, set to open by 2029-30 and create up to 500 jobs. The FTSE 100 rose 0.14%, leaving Haleon behind the broader market. Haleon reported 2.2% organic revenue growth in Q1 and maintained full-year guidance at 3–5%.
Imperial Brands Shares Up—Buyback May Have More to Prove
Imperial Brands shares rose 0.25% to 2,769p in London Monday as the company reported buying back 5,469 shares for cancellation at an average 2,705.95p each on June 5. The FTSE 100 was flat, while tobacco stocks gained 1.47%. Imperial’s market value stands at about £21.31 billion. No new trading update was issued; the latest filing was a routine buyback notice.
Prudential Shares Jump After China Moves on $54 Billion Account Flap
Prudential plc shares rose 0.93% to 959.00p in London Monday after Beijing reassured investors over offshore accounts. The stock had dropped last week amid concerns about Chinese capital controls. Prudential said it repurchased nearly 2 million shares between June 1 and June 5 as part of its ongoing $1.2 billion buyback.
Standard Chartered Shares Recover After Hong Kong Account News
Standard Chartered shares rose 0.6% to 1,944p in London after China said it would not force mainland investors to close offshore accounts. The rebound followed last week’s selloff on concerns over Beijing’s cross-border investment crackdown. HSBC, Prudential, and AIA remain under pressure after sharp declines last week. China’s regulator said about $54 billion in mainland-held offshore assets are affected.
GSK Drops Even After New £45 Million Liver Drug Move
GSK shares fell 0.95% to 1,919.5 pence Monday in London, underperforming the FTSE 100. A new liver-fibrosis research deal with Engitix, worth up to £44.5 million upfront, failed to ease investor concerns over GSK’s late-stage drug pipeline and long-term revenue targets. CEO Luke Miels faces pressure as key patents near expiry. GSK is also expanding liver-drug efforts in China.
easyJet Shares Hold Bid Premium as June 26 Takeover Clock Ticks
easyJet shares rose 0.36% to 473.42p in London on Monday amid ongoing takeover speculation, with Castlelake considering a possible bid above 403.23p per share. The stock traded between 450.80p and 479.00p on volume of 3.51 million shares. Castlelake has until June 26 to make a formal offer. easyJet recently reported a £552 million first-half pretax loss and warned on its full-year outlook.
NatWest shares just got a fresh jolt from buybacks and branch cuts
NatWest Group shares rose 0.71% to around 598 pence in London on Monday after the bank disclosed a new share buyback and pledged no further UK branch closures until at least 2029. The bank bought back about 3.1 million shares from June 1 to June 5. NatWest also announced a £50 million investment in its branch network over the next 18 months. Lloyds and Barclays shares also gained.