Capita shares surge 10% after AI launch puts £32.6m valuation to the test
Capita plc jumped almost 10% on Wednesday, standing out as the UK outsourcer rallied while the wider FTSE All-Share stayed flat. Shares finished at 301.50p at 16:35 BST, up 27p, according to market data, with trading volume at 769,510 versus a Google Finance average of 462,680. Hargreaves Lansdown said markets were closed and the FTSE All-Share slipped 0.01%. Capita’s latest voting-rights filing showed 120,830,667 ordinary shares out as of June 30, with no treasury stock, and 393,264 shares in the Employee Benefit Trust not counted toward EPS. That’s the cleaner figure, not just the share price. Based on Wednesday’s close, that base valued Capita’s equity around £364.3 million, up roughly £32.6 million from the earlier 274.50p close.