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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bt Group Plc | LSE:BT.A | London | Ordinary Share | GB0030913577 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.30 | 0.29% | 105.00 | 105.30 | 105.40 | 105.70 | 104.30 | 105.30 | 23,300,181 | 16:35:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Phone Comm Ex Radiotelephone | 20.92B | 1.91B | 0.1916 | 5.50 | 10.48B |
By Adria Calatayud
BT Group PLC (BT.A.LN) said Wednesday that it will close around 270 office locations across the U.K. as part of a workplace reorganization.
The FTSE 100-listed telecommunications company will consolidate more than 300 office locations to around 30, it said. There will be no job losses as part of the consolidation plan, a BT spokesperson said.
The company said the reorganization is part of a turnaround launched in May 2018. Also as part of the restructuring, BT is leaving its headquarters in London, and is identifying a new home for its business in the capital, it said.
Shares at 1014 GMT were up 0.5% at 202.55 pence.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
June 05, 2019 06:32 ET (10:32 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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