Mateusz Ługowik

Mateusz Ługowik is a senior markets reporter at Bez-kabli.pl, specializing in technology stocks, artificial intelligence and global financial markets. A graduate of the University of Gdańsk, he previously worked in investment research and market analysis. His coverage helps readers understand the key trends, companies and innovations influencing investors worldwide.

Reckitt climbs after £1 billion buyback but trades under offer price

Reckitt climbs after £1 billion buyback but trades under offer price

Reckitt Benckiser Group shares traded up 1.25% at 4,713 pence in London early Wednesday. Shares still sat 2.9% below the £48.55 average the company paid at the end of its recent buyback. Reckitt bought back 11.12 million shares from March 9 through June 15, closing a £1 billion buyback. By 1303 BST, about 443,000 shares changed hands, compared with the usual 2.02 million daily. During the 67 London sessions in that stretch, the last trades averaged 166,000 shares per day. That’s about 8% of Reckitt’s usual daily volume. It wasn’t most of the trading, but now the steady buyer is gone.
June 24, 2026
Experian (LON:EXPN) holds up after new £12m buyback filing

Experian (EXPN.L) drops 1.8% in London after share buybacks outweigh staff dilution

Experian traded 1.8% lower at around 2,475 pence by 1052 BST on Wednesday, while the FTSE 100 slipped 0.1%. Experian said it’s applied to admit 65,000 shares for trading on June 26 to settle staff awards. This block admission covers shares tied to employee plans. At Wednesday’s price, the shares are worth about 1.6 million pounds, or around 0.007% of Experian’s 894 million shares.
June 24, 2026
London Stock Exchange Group stock slips under buyback price with gap growing

London Stock Exchange Group stock slips under buyback price with gap growing

London Stock Exchange Group shares dropped 2.2% to 8,188 pence by 09:47 BST on Wednesday, wiping out Tuesday’s 1.1% rise. The FTSE 100 was flat, and LSEG underperformed the wider London market. The delayed quote showed trades at 09:47 BST. LSEG traded at a price 3.2% below the 8,459p average it spent for 12.8 million shares in the first quarter. The company bought back £1.1 billion of stock in that time and is targeting £3 billion in buybacks by February 2027. Its latest outlook sees 2026 revenue growth landing in the upper half of its 6.5%-7.5% range. CEO David Schwimmer said AI efforts this year are about “roll-out and adoption of these services.”
June 24, 2026
Rio Tinto Stock (LSE: RIO) Gives Back 83% of Opening Gap as Bounce Loses Steam

Rio Tinto stock slips as lithium target demands 31% quarterly output ramp

Rio Tinto shares fell 0.6% to 7,224 pence by 0945 BST on Wednesday, extending Tuesday’s 3.3% slide. The FTSE 100 was near flat in delayed data. Rio was trading about 21% below its May 27 peak of 9,117 pence. Jérôme Pécresse, head of Rio’s aluminium and lithium business, told Reuters that lithium should grow faster than the miner’s other divisions as it works towards annual capacity of 200,000 metric tons by 2028. “We want to show that we can build on time and on budget. That’s taking up 90% of my time,” he said. Rio plans to favour cheaper-to-run assets and contracts with minimum and maximum prices. Albemarle remains the world’s largest lithium producer, though Pécresse said Rio was seeking
June 24, 2026
Barclays ends week up 5% with UK rate path in focus

Barclays (LON:BARC) hovers close to 510p with share buyback at 91% of £500m cap

Barclays was down 0.3% at 510.2 pence just after the open Wednesday, with the bank worth around £68.9 billion. Shares started at 513.1p and traded about 8% off their 52-week high. The bank had bought back 101,405,130 shares as of June 19, paying a volume-weighted average price of 449.5595p per share. That works out to £455.9 million, or 91.2% of its £500 million cap. Less than £44.1 million of the buyback pool was left before any trades this week. On Wednesday, shares were trading 13.5% higher than the bank’s average repurchase price.
June 24, 2026
SEGRO Stock Jumps 16%, but £900 Million Gap Signals Doubt Over Prologis Bid

SEGRO Stock Jumps 16%, but £900 Million Gap Signals Doubt Over Prologis Bid

SEGRO shares jumped 15.6% to about 858 pence in early London trading on Wednesday after Prologis disclosed a rejected £12.6 billion all-share approach. The warehouse landlord was the top FTSE 100 gainer, while the wider index was little changed. Prologis proposed exchanging 0.084 of its shares for each SEGRO share. Based on Prologis’ Tuesday close of $145.30 and a pound-dollar rate of 1.32, the terms implied 925p per SEGRO share, 24.6% above Tuesday’s 742p close. SEGRO shareholders would own about 10.5% of the combined company. Its board rejected the approach on June 23.
June 24, 2026
HSBC (LSE: HSBA) trades close to highs as London keeps edge on Hong Kong

HSBC shares trade close to 52-week high with China curbs weighing on Hong Kong premium

HSBC Holdings slipped 0.4% to 1,440.1 pence in early London trading Wednesday. The FTSE 100 was flat. HSBC was 1.1% under its 52-week high and traded around 15.8 times trailing earnings, market cap close to £247 billion. Hong Kong shares fell 0.3% to HK$148.20, just off a new 52-week high at HK$149.90. In London, the stock is up 62% over the past year. The median 12-month price target from 14 analysts sits at 1,489.71 pence, which is 3% above where the shares finished on Tuesday.
June 24, 2026
Origin Energy holds up as oil prices fall, Kraken worth 15% of value

Origin Energy holds up as oil prices fall, Kraken worth 15% of value

Origin Energy heads into Wednesday up for two straight sessions, outpacing a softer market and crude prices. By one simple ownership measure, its stake in Kraken, an energy software group, is about 15% of Origin’s A$18.6 billion value. That gives the stock some exposure beyond just LNG. Origin wrapped up Tuesday at A$10.80, gaining 0.47% since Friday’s close. The S&P/ASX 200 shed 0.47% in that stretch, putting Origin 0.94 percentage point ahead. Woodside Energy dropped 1.31%. Santos ticked up 0.14%. The ASX sat in pre-open; regular trading was set to kick off just before 10 a.m.
June 24, 2026
Electro Optic Systems vote eyed Friday as 34 million potential shares come into play

Electro Optic Systems vote eyed Friday as 34 million potential shares come into play

Electro Optic Systems Holdings shareholders are set to vote Friday on whether to issue 5 million strategic shares and approve 21 MARSS performance rights. The performance rights only convert to shares if targets are hit, potentially creating up to 28.94 million shares. In total, these proposed shares would amount to 33.94 million, or about 15.7% of the current 216.7 million shares on issue. The stock ended at A$9.75, down 4.97% on Tuesday. Volume came in at roughly 6.15 million shares. This story was filed while the Australian cash market was still in pre-open. Normal trading set to begin at about 10 a.m. Sydney.
June 24, 2026
Evolution Mining shares slide, copper helps soften gold hit

Evolution Mining shares slide, copper helps soften gold hit

Evolution Mining shares are set for Wednesday’s ASX open after dropping 2.5% to close at A$12.64 Tuesday. The S&P/ASX 200 ended down 0.3% at 8,787. Northern Star Resources slipped 2.7%. Genesis Minerals fell 5.5%. Gold slumped. Spot prices dropped 1.93% to US$4,109.49 an ounce as bets on higher rates made non-yielding assets less attractive. The dollar index hit a one-year high. “The data to me does not suggest that they need to be raising rates,” said Amanda Agati, chief investment officer at PNC Asset Management Group.
June 24, 2026
Lynas Rare Earths (ASX:LYC) shares move up on tighter China exports and Japan shortage

Lynas Rare Earths gets stock rerating as focus shifts to Malaysia execution over price risk

Lynas Rare Earths heads into Wednesday’s ASX trading session with Macquarie setting a new A$22 price target. Looking closer at the numbers, the broker’s model lines up with details from Lynas’ Japan supply deal—almost half the miner’s forecast 2029 production is already booked with a price floor that’s nearly identical to Macquarie’s base case. Lynas is set to produce 10,300 tonnes of neodymium-praseodymium in fiscal 2029, with Macquarie putting the price near US$117 per kg. NdPr goes into high-strength permanent magnets. Japan Australia Rare Earths has signed up for 5,000 tonnes a year under a long-term contract with a price floor of US$110, or 48.5% of Macquarie’s forecast output. That locked-in price is about 6% below the bank’s model. CEO
June 23, 2026
Iluka Resources (ASX:ILU) Drops 11% After $1.65B Loan and Rare-Earths Deal

Iluka Resources (ASX:ILU) Drops 11% After $1.65B Loan and Rare-Earths Deal

Iluka Resources dropped 10.8% to A$7.25 on Tuesday. Shares had opened strong at A$8.48 and jumped as high as A$8.60 before sliding hard, finishing just off the session low of A$7.09. The move erased early gains after the miner announced its first rare-earths sales contract and said it will get a A$1.65 billion government loan. Iluka’s swing came after two announcements cleared up major uncertainty over the Eneabba refinery—funding's now in place and there's proof of demand from an end user. But the initial offtake deal only begins in 2028 and is set for 1,200 tonnes, about 10% of the expected output in its first four years.
June 23, 2026
Woolworths hits 52-week high, but investors cautious

Woolworths hits 52-week high, but investors cautious

Woolworths Group Ltd is due to pick up from A$38.74 when Australia’s cash market opens for Wednesday’s trade, after adding 19 cents, or 0.49%, on Tuesday. Shares hit a new 52-week high at A$38.80. Woolworths is up 31.3% this year. Woolworths beat the market in a down session. The S&P/ASX 200 dropped 0.33%. Consumer staples rose 0.16% as investors moved to defensive stocks. Woolworths outpaced the index by about 0.8 percentage point.
June 23, 2026
Telstra (ASX:TLS) holds at A$5.12 even as ASX falls

Telstra (ASX:TLS) holds at A$5.12 even as ASX falls

Telstra Group finished up 1.6% at A$5.12, touching the session high on Tuesday. Around 15.9 million shares traded as the S&P/ASX 200 shed 0.33% to 8,787 points. Investors moved to defensive stocks, betting on steadier earnings and cash flow as the wider market softened. Telstra’s telecom revenue and dividend drew buyers while others dumped technology and mining names.
June 23, 2026
Brambles (ASX:BXB) Slips After A$152 Million Buyback; U.S. Repair Test Still Ahead

Brambles (ASX:BXB) Slips After A$152 Million Buyback; U.S. Repair Test Still Ahead

Brambles Ltd slipped 1.52% to A$18.85 at Tuesday’s close, trailing the S&P/ASX 200, which dropped 0.33%. The pallet-pooling firm’s share buybacks did little to move the dial as investors paid more attention to Brambles’ U.S. repair operations. The stock lagged the index by around 1.2 percentage points. Brambles bought 310,363 shares for A$5.94 million on Monday, it said Tuesday. That brings total purchases under the buyback to 8.49 million shares, with about A$152.4 million spent so far.
June 23, 2026
Macquarie (ASX:MQG) edges higher as £300m Southern Water deal in view

Macquarie (ASX:MQG) edges higher as £300m Southern Water deal in view

Macquarie Group shares rose 0.68% to A$249.61 on Tuesday, while the S&P/ASX 200 slipped 0.33%. The stock hit A$252.97 during the session, closing 1.8% off its all-time high from June 18 at A$254.31. Southern Water picked up another £300 million in equity from a group led by Macquarie Asset Management and new backer Asterion Industrial Partners. Macquarie Asset Management senior managing director Martin Bradley said Asterion’s move in showed “growing confidence in Southern Water’s management team, its progress and its future plans.” Asterion CEO Jesús Olmos said it’s “primary capital to help fund a significant capex programme.” Capex refers to spending on assets that last a long time.
June 23, 2026
WiseTech (WTC.AX) drops 22% in two days, Richard White denial doesn’t stop selloff

WiseTech (WTC.AX) drops 22% in two days, Richard White denial doesn’t stop selloff

WiseTech Global finished down 4.4% at A$28.76 on Tuesday, dropping for a second straight session. Shares have now fallen 22% over the last two sessions as news of an Australian Federal Police probe into executive chair Richard White kept pressure on the stock. The stock closed at its lowest point in about five years. The stock opened up at A$30.69, bounced to A$31.65, then turned lower and closed at its session low. Trading was heavy, with around 6.26 million shares moving, almost three-and-a-half times the usual daily volume. Sellers stayed in after the stock’s 18.4% drop on Monday.
June 23, 2026
CBA Shares Hold Up Against ASX Drop, Wednesday CPI May Shift the Trade

CBA Shares Hold Up Against ASX Drop, Wednesday CPI May Shift the Trade

Commonwealth Bank of Australia finished Tuesday at A$164.21, up 80 cents, or 0.49%. The stock edged higher while risk sentiment in the market faded. The country’s largest lender still managed a small gain. S&P/ASX 200 slipped 29 points, down 0.33% at 8,787. Tech stocks tumbled about 4%, weighing on the index. Big banks—CBA, Westpac, National Australia Bank and ANZ—rose, giving lenders rare gains on a weak day.
June 23, 2026
easyJet Stock (LSE: EZJ) Rallies on 625p Bid—The Spread Prices a 55% Deal Chance

easyJet (LON:EZJ) Holds Up Despite FTSE Drop as Castlelake Eyes £4.7 Billion Offer

easyJet shares gained 1.9% to around 527 pence in late London trade Tuesday, while the FTSE 250 fell 1.2%. Investors are still watching to see if Castlelake will increase its offer. easyJet is trading about 16% under the 625 pence a share price that the US investment firm proposed, with the gap showing some investors doubt a deal will happen at those terms. Castlelake faces a key deadline at 17:00 BST on Friday under UK takeover rules. The “put up or shut up” rule means Castlelake has to make a firm offer for easyJet or walk away unless it gets more time from the Takeover Panel. So far, it has put forward three non-binding offers—560p, 600p, and 625p a share.
June 23, 2026
Diageo dips 1.5% on LSE as investors watch for cost-cut news

Diageo Shares Climb With 150 Irish Roles at Risk in Dave Lewis Overhaul

Diageo shares rose over 2% Tuesday after reports that up to 150 Irish jobs could be cut. That’s as CEO Dave Lewis moves to reduce costs and streamline operations at the Johnnie Walker and Guinness maker. Ireland’s enterprise department got official word of the planned layoffs on Monday, but Diageo hasn’t confirmed how many roles are affected. Diageo shares rose 2.3% to about 1,552 pence at 15:57 BST, while the FTSE 100 was up around 0.2%. Diageo plans to cut about 12% of its workforce in Ireland, which employs more than 1,200 people.
June 23, 2026
1 8 9 10 11 12 39