John Menzies plc (MNZS) Insider Dermot F. Smurfit Acquires 20,000 Shares

John Menzies plc (LON:MNZS) insider Dermot F. Smurfit bought 20,000 shares of the company’s stock in a transaction on Thursday, November 8th. The stock was bought at an average cost of GBX 515 ($6.73) per share, with a total value of £103,000 ($134,587.74).

Shares of MNZS opened at GBX 515 ($6.73) on Friday. John Menzies plc has a 1-year low of GBX 607 ($7.93) and a 1-year high of GBX 750 ($9.80).

The firm also recently disclosed a dividend, which will be paid on Friday, November 16th. Stockholders of record on Thursday, October 18th will be paid a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, October 18th. This represents a dividend yield of 0.93%.

MNZS has been the subject of a number of recent research reports. Peel Hunt reissued a “buy” rating on shares of John Menzies in a research note on Thursday, October 11th. Berenberg Bank reissued a “buy” rating and set a GBX 800 ($10.45) price objective on shares of John Menzies in a research note on Thursday, September 27th. Finally, Numis Securities reissued a “buy” rating and set a GBX 790 ($10.32) price objective on shares of John Menzies in a research note on Tuesday, September 4th.

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About John Menzies

John Menzies plc provides distribution and aviation services in the United Kingdom, the United States, and internationally. It operates through two segments, Distribution and Aviation. The Distribution segment offers newspaper and magazine distribution services. This segment also provides marketing and logistics services.

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