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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
National Grid Plc | LSE:NG. | London | Ordinary Share | GB00BDR05C01 | ORD 12 204/473P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-4.00 | -0.38% | 1,055.50 | 1,053.50 | 1,054.00 | 1,060.00 | 1,050.00 | 1,060.00 | 5,796,180 | 16:35:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Combination Utilities, Nec | 24.25B | 7.8B | 2.1140 | 4.98 | 38.86B |
By Adriano Marchese
Rothesay Life PLC said Tuesday that National Grid PLC (NG.LN) pension scheme has recently concluded a 2.8 billion-pound ($3.4 billion) buy-in policy transaction.
The buy-in policy is in respect of 'Section A' of the National Grid U.K. pension scheme, Rothesay said.
"The buy-in provides greater certainty and assurance about the future costs of providing members' pensions, and we see this as a positive and prudent way of managing the overall funding and risk of the scheme," Chairman and Trustee of National Grid U.K. Pension Scheme Nigel Stapleton said.
Write to Adriano Marchese at adriano.marchese@dowjones.com
(END) Dow Jones Newswires
October 08, 2019 05:40 ET (09:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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