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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Abrdn Plc | LSE:ABDN | London | Ordinary Share | GB00BF8Q6K64 | ORD 13 61/63P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.15 | -0.11% | 135.85 | 67,237 | 09:03:56 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 135.80 | 135.95 | 136.30 | 135.00 | 135.05 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Ins Agents,brokers & Service | 1.55B | 12M | 0.0065 | 207.69 | 2.5B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 09:01:31 | AT | 5 | 135.85 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 18/11/2024 | 12:50 | UK RNS | abrdn PLC Form 8.3 - Volex plc |
| 18/11/2024 | 12:48 | UK RNS | abrdn PLC Form 8.3 - TT Electronics plc |
| 18/11/2024 | 11:06 | UK RNS | abrdn PLC Form 8 (DD) - SEGRO plc |
| 15/11/2024 | 10:47 | UK RNS | abrdn PLC Form 8 (DD) - SEGRO plc |
| 13/11/2024 | 14:38 | UK RNS | Robert Walters PLC Holding(s) in Company |
| 12/11/2024 | 10:26 | UK RNS | abrdn PLC Form 8 (DD) - SEGRO plc |
| 12/11/2024 | 07:00 | UK RNS | Liontrust Asset Management PLC Holding(s) in Company |
| 08/11/2024 | 10:15 | UK RNS | abrdn PLC Form 8 (DD) - SEGRO plc |
| 05/11/2024 | 11:13 | UK RNS | abrdn PLC Form 8 (DD) - SEGRO plc |
| 04/11/2024 | 09:47 | UK RNS | abrdn PLC Form 8 (DD) - SEGRO plc |
Abrdn (ABDN) Share Charts1 Year Abrdn Chart |
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1 Month Abrdn Chart |
Intraday Abrdn Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 20/11/2024 | 22:15 | ABRDN-Was Standard Life | 3,836 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 09:01:31 | 135.85 | 5 | 6.79 | AT |
| 09:01:02 | 135.90 | 362 | 491.96 | AT |
| 09:00:47 | 136.01 | 1,000 | 1,360.10 | O |
| 08:59:35 | 136.09 | 359 | 488.55 | O |
| 08:59:18 | 135.95 | 1 | 1.36 | O |
| Top Posts |
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Posted at 21/11/2024 08:20 by Abrdn Daily Update Abrdn Plc is listed in the Ins Agents,brokers & Service sector of the London Stock Exchange with ticker ABDN. The last closing price for Abrdn was 136p.Abrdn currently has 1,840,742,049 shares in issue. The market capitalisation of Abrdn is £2,485,001,766. Abrdn has a price to earnings ratio (PE ratio) of 207.69. This morning ABDN shares opened at 135.05p |
Posted at 16/11/2024 10:00 by kenmitch Your theory is nonsense netcurtains.What about all the shares that pay big dividends and the share price rises? You seem to assume that big dividend paying shares can’t also have big share price gains. They can and do. I hold big dividend payers where the share has tripled. Some big dividend payers including Investment Trusts that have increased their dividends for over 50 years have multi bagged. Shares that opted heavily for buybacks have gone bust or also multi bagged. What matters longer term is neither dividends nor buybacks. It’s how successful or otherwise their business is. If it’s a roaring success story with fast increasing profits and cash generation the share price will do very well, buybacks or no buybacks and dividends or no dividends. If the business is a shambolic badly managed failure, as unfortunately ABDN has been, the share price will fall. Best to forget your rubbish theory and exchange it for a bit of common sense along with basic obvious facts? |
Posted at 07/11/2024 14:28 by kenmitch jonnybig.I think that’s nonsense but I might think agsin if you answer this question effectively. GULF KEYSTONE were paying 88p in dividends in 2021 when the share price was usually around 260p. That meant that year investors got back over 30% of the stake. Was that or was it not a genuine cash reward? That was the question to answer. (The share price is much lower now but that’s because they had to cancel all dividends on the sudden closure of the pipeline. But for that investors would have had more than their original stake back in roughly 3 years and could run the shares for free. And but for the pipeline closure the share price would have continued to do well too). As for ABDN they started buybacks at £5 and continued them for several years and all the way down to £1.40 for a 70% loss. Is that really better than the Gulf Keystone dividend example I’ve just posted? |
Posted at 03/11/2024 18:42 by mcunliffe1 OK, I'll bite.If a buyback is a no brainer at this low share price thebutler, was it equally a no brainer when the share price was considerably higher? I do accept hindsight is wonderful, but I also accept that one of the beliefs in a buy back is its ability to maintain a higher share price than would be the case without the BB. It almost follows therefore that a BB should NEVER be undertaken during a falling share price period until you are confident you know where the bottom lies. Now, consider this juicy fact. abrdn are an investment company who like to imply to use mere mortals - their potential customers - that they know what they are doing. Clearly, they splashed our cash in a BB when the share price had obviously not reached the bottom. Suppose next week, during the US elections and the weeks following with the potential disputes in respect of who may or may not have actually won the vote, plus all the stuff going on in Ukraine and the Middle East, the market drops again. And ABDN with it. Would tomorrow appear then to be a good time for a BB? How about the management at abrdn do some....well, managing. Explain what they feel are the problems in the business, explain what is being done to fix those problems and the timescale associated. It's what we all do if we've ever run a company. |
Posted at 09/8/2024 05:19 by jubberjim Buy backs are appropriate in some circumstancesBut all too often they are used to prop up a share price so certain criteria can be fulfilled thus ensuring that the powers that be get their extra bonuses triggered when a share price is maintained at certain levels. Abdn is a case in point the shareholders have been shafted while the board of directors have rewarded themselves at our expense. Far better for that money to have been used to bolster the dividend and maybe just maybe the share price would not be in the situation it finds itself. Douglas Flint has been at the head of this firm while it has lurched from one disaster to another. When will Douglas Flint and the BOD accept their abject failure to lead and do the hounarable thing and resign. After this latest set of results I feel a corner may have been turned but it is going to be a long hard road back to where some investors are marooned. But they need to get rid of the dead wood and the removal of Flint could be the 'Spark' that is needed. If I remember correctly a share buyback brought the share price up to 237 after the II purchase sent the share price to their all time lows. Anyway in light of current situation will be looking to add but early days still. Long time to St Ledger Keep safe 'Live long and prosper' |
Posted at 10/6/2024 14:15 by kenmitch PierreBuybacks favour sellers who have that willing buyer of their shares in ABDN. Obviously buyers can then take advantage and buy to counter that negative effect. As pointed out already there is no evidence to support your claims about the subsequent share price being supported by the buybacks. It’s people like you making dogmatic statements about buybacks who don’t understand them. I understand them very well and learnt a lot years ago including reading Morgan Stanley’s very detailed research on them and on subsequent share prices. Their findings were a real eye opener as they found (surprisingly) that Companies who did not buyback far more often than not saw their shares outperform those in their sector that did. Buybacks CAN work well when undertaken at bargain prices. Next is a very good example of successful buybacks. But far too many Companies including ABDN who started theirs at an inflated £5 make the mistake of buying back regardless of whether or not the share price looks too low. |
Posted at 10/6/2024 08:45 by kenmitch pdosullivanSo you agree with Pierre as you’re entitled to obviously, but I note that you haven’t answered my earlier question about ABDN’s buybacks.Here’ The ABDN share price has fallen from £5 when they started their £multi million buybacks nearly 6 years ago to just £1.50 now. So can you explain how holders got a 10% risk free return please as to my eyes they’ve lost heavily with an investment in ABDN of £10000 6 years ago now worth £3000. |
Posted at 10/6/2024 08:43 by kenmitch PierreThere’s no evidence that the share price would have dropped even more without the buybacks. Buybacks are not taken in to account when setting share prices. It’s buying and selling and news good or bad (e.g a profit warning or profits upgrade) that moves the share price. Nobody factors in the buybacks as the share prices immediately react to good or bad news at 8a.m. There are so many misconceptions about buybacks with your point just one of them. They DO reduce share count and that means higher eps too, but that doesn’t always get reflected in the share price. E.g eps can go up but share price fall and PE go lower. Buybacks DO mean there are fewer shares to pay the dividend on. AND for Directors the big plus for them is when their bonus payments are linked to that higher eps. |
Posted at 09/6/2024 19:39 by pdosullivan The buyback hasn't been the only determinant of the ABDN share price. Other asset managers have suffered similar declines to ABDN. But I would argue that if management had not pared the share count, there would be a lot of chatter about a cut to the dividend. And that would almost certainly drive the share price lower. Hence the buyback has been share price positive to my mind. |
Posted at 09/6/2024 13:11 by mcunliffe1 Reading the 'paid for' pinned posts from thebutler at the top of this thread sums it up. The "desired effect"? "200p by Xmas"?Which Christmas? kenmitch, I've debated BB's on this and many other threads too many times. I have to say, it is easier to examine the suitability of the BB from a position of hindsight. Clearly, when a BB is announced the hype, the hope is for a success. And sometimes it is. Any such success may have been as a total or even partial result of the BB but perhaps a rise in the share price would have occured anyway. Now, a severe drop in the share price during a BB is not a pretty sight. I will state it now before the cheerleaders for BB's try to state it, the share price may have fallen even faster had there not been a BB. But, to answer YOUR specific question, well, I find that quite simple. Your question was: So can you explain how holders got a 10% risk free return please as to my eyes they’ve lost heavily with an investment in ABDN of £10000 6 years ago now worth £3000. The answer: They Have Notgot a risk-free return of 10%. To be fair, pdosullivan used the phrase 10% yield and I should point out that providing the dividend doesn't change in value and the share price declines the yield of course increases. But, is there enough money left to pay a dividend because, as stated: cash cost to Abrdn of this dividend was GBP279m in FY23 versus GBP307m in FY22 so for the splurge of about £300mn the divi cost is reduced by £28mn. A 9.333% return on the splurged capital if you subscribe to the economics of the madhouse. Me, I stuck £18k into Rolls Royce instead. If only I'd put £300mn into RR. |
Posted at 09/6/2024 08:27 by kenmitch pdosullivanThe ABDN share price has fallen from £5 when they started their £multi million buybacks nearly 6 years ago to just £1.50 now. So can you explain how holders got a 10% risk free return please as to my eyes they’ve lost heavily with an investment in ABDN of £10000 6 years ago now worth £3000. |
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