Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

WPP PLC (WPP)

Share latest information on individual companies and hot news discussions. LSE Main Market companies only
Forum rules
No penny shares or promotional posts
OLTB
Lemon Quarter
Posts: 1343
Joined: November 4th, 2016, 9:55 am
Has thanked: 1339 times
Been thanked: 607 times

Re: WPP PLC (WPP)

#260197

Postby OLTB » October 25th, 2019, 5:37 pm

Thanks Ian

I'm looking to top up next month and hopefully the Kantar part disposal will not only repay some debt, but also be included in a 'special' as a return to shareholders.

Cheers, OLTB.

floyd3592
Lemon Pip
Posts: 98
Joined: November 4th, 2017, 5:13 pm
Has thanked: 68 times
Been thanked: 28 times

Re: WPP PLC (WPP)

#261235

Postby floyd3592 » October 31st, 2019, 10:51 am

Does anyone have any idea how much of the capital from the sale of Kantar might be distributed to shareholders?

monabri
Lemon Half
Posts: 8396
Joined: January 7th, 2017, 9:56 am
Has thanked: 1539 times
Been thanked: 3428 times

Re: WPP PLC (WPP)

#261242

Postby monabri » October 31st, 2019, 11:12 am

floyd3592 wrote:Does anyone have any idea how much of the capital from the sale of Kantar might be distributed to shareholders?


$1.2bn viewtopic.php?p=236079#p236079

But what we don't know is in what form the return will be...I would prefer a "special" dividend but it might be in the form of share buybacks.

floyd3592
Lemon Pip
Posts: 98
Joined: November 4th, 2017, 5:13 pm
Has thanked: 68 times
Been thanked: 28 times

Re: WPP PLC (WPP)

#261256

Postby floyd3592 » October 31st, 2019, 11:41 am

monabri wrote:
floyd3592 wrote:Does anyone have any idea how much of the capital from the sale of Kantar might be distributed to shareholders?


$1.2bn viewtopic.php?p=236079#p236079

But what we don't know is in what form the return will be...I would prefer a "special" dividend but it might be in the form of share buybacks.


Thanks Monabri,

I'm of the same opinion lets hope for a divi!

monabri
Lemon Half
Posts: 8396
Joined: January 7th, 2017, 9:56 am
Has thanked: 1539 times
Been thanked: 3428 times

Re: WPP PLC (WPP)

#269378

Postby monabri » December 5th, 2019, 7:39 pm

monabri wrote:
floyd3592 wrote:Does anyone have any idea how much of the capital from the sale of Kantar might be distributed to shareholders?


$1.2bn viewtopic.php?p=236079#p236079

But what we don't know is in what form the return will be...I would prefer a "special" dividend but it might be in the form of share buybacks.


https://www.londonstockexchange.com/exc ... 37839.html

"As previously set out, WPP intends to retain approximately 60% of the net proceeds (approximately $1.9bn or £1.4bn) to reduce debt to the low end of the target leverage range of 1.5 - 1.75x average net debt/EBITDA2 for 2020, and to return approximately 40% of the net proceeds (approximately $1.2bn or £950m) to shareholders. WPP today announces that the return to shareholders will be executed via a share repurchase programme".....

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#270611

Postby idpickering » December 12th, 2019, 3:14 pm

Share Repurchase Agreement

WPP announces that it has entered into a non-discretionary agreement with Goldman Sachs International ("Goldman Sachs") on 11 December 2019 in relation to the purchase by Goldman Sachs, acting as principal, of WPP's ordinary shares of 10 pence each ("Ordinary Shares") for an aggregate purchase price of up to £300m (the "Programme"). Shares acquired by Goldman Sachs under the agreement will be simultaneously on-sold by Goldman Sachs to WPP. The purchase of shares in accordance with the Programme will take place during the period commencing 12 December 2019 and ending no later than 18 March 2020. The purpose of the Programme is to reduce the share capital of WPP.


https://www.investegate.co.uk/wpp-plc-- ... 00165939W/

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#274934

Postby idpickering » January 3rd, 2020, 4:48 pm

Voting rights and Capital 31 December 2019

Here; https://www.investegate.co.uk/wpp-plc-- ... 37347023Y/

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#287021

Postby idpickering » February 27th, 2020, 7:24 am


monabri
Lemon Half
Posts: 8396
Joined: January 7th, 2017, 9:56 am
Has thanked: 1539 times
Been thanked: 3428 times

Re: WPP PLC (WPP)

#292010

Postby monabri » March 18th, 2020, 2:23 pm

HSBC consolidates global creative account with WPP as lead agency

https://www.campaignlive.co.uk/article/ ... cy/1677354

monabri
Lemon Half
Posts: 8396
Joined: January 7th, 2017, 9:56 am
Has thanked: 1539 times
Been thanked: 3428 times

WPP PLC (WPP)

#292011

Postby monabri » March 18th, 2020, 2:25 pm

viewtopic.php?p=292010#p292010

"HSBC has consolidated its global advertising account with WPP as "lead agency group partner".

Publicis Groupe, which shared some of the business with WPP, will continue to work on creative for the bank on a project basis."

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#295926

Postby idpickering » March 31st, 2020, 7:54 am

Dividend gone. See;

Update re COVID-19

https://www.investegate.co.uk/wpp-plc-- ... 00071810I/

Also on HYP Practical.

PinkDalek
Lemon Half
Posts: 6139
Joined: November 4th, 2016, 1:12 pm
Has thanked: 1589 times
Been thanked: 1801 times

Re: WPP PLC (WPP)

#296143

Postby PinkDalek » March 31st, 2020, 3:05 pm

'Gone' but not forgotten:

... 2019 final dividend suspended given current uncertainty; final dividend will remain under review

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#304002

Postby idpickering » April 29th, 2020, 7:08 am

First Quarter Trading Update

Good performance to February; March impact of COVID-19 as expected; strong liquidity position supported by substantial actions on cost and cash flow

Note: all numbers relate to continuing operations unless otherwise stated
•Q1 revenue -4.9%; LFL1 revenue -3.8%
•Q1 LFL revenue less pass-through costs -3.3%, with impact of COVID-19 felt more strongly in March, at -7.9%, as expected
•Top five markets Q1 LFL revenue less pass-through costs: US -1.9% (March -3.7%); UK -4.2% (March -9.8%); Germany -4.3% (March -14.9%); Greater China -21.3% (March -29.9%); India 6.1% (March -1.1%)
•China: offices back to around 90% occupancy, rapid recovery in economic activity
•Encouraging net new business performance: $1 billion won in first quarter
•Strong liquidity and balance sheet: average net debt £2.1 billion, down £2.1 billion year-on-year, with £4.4 billion of cash and undrawn facilities
•Substantial actions already taken to manage cash flow and profitability include suspension of the 2019 final dividend and share buyback programme, reductions in costs and capital expenditure, and tight controls on working capital
•Further measures on costs now being implemented: voluntary salary sacrifice from over 3,000 senior roles, part-time working and some permanent headcount reductions
•Plans in place to flex costs against a range of economic scenarios to ensure cash flow and profit are managed and the business can respond quickly when markets recover


https://www.wpp.com/news/2020/04/first- ... ing-update

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#336239

Postby idpickering » August 27th, 2020, 7:11 am

Interims here; https://www.investegate.co.uk/wpp-plc-- ... 00062659X/

Also on HYP Practical Board.

monabri
Lemon Half
Posts: 8396
Joined: January 7th, 2017, 9:56 am
Has thanked: 1539 times
Been thanked: 3428 times

Re: WPP PLC (WPP)

#336281

Postby monabri » August 27th, 2020, 10:28 am

A "total return" comparison between WPP and a FTSE100 Tracker proxy (VUKE). Hmm, I think I should have simply gone for a tracker!


Image


Either the FTSE100 has done extremely well over the last 5 years or WPP has performed poorly....... ( :roll: )

Arborbridge
The full Lemon
Posts: 10366
Joined: November 4th, 2016, 9:33 am
Has thanked: 3599 times
Been thanked: 5227 times

Re: WPP PLC (WPP)

#336288

Postby Arborbridge » August 27th, 2020, 10:44 am

I doubt many ofd us buy a single share, though, so although WPP has undoubtedly been wretched, surely a better comparison is between VUKE and some other portfolio of choice.

Having said that, naturally it's nice if every component in a portfolio behaves well!

Wasron
2 Lemon pips
Posts: 218
Joined: November 4th, 2016, 5:03 pm
Has thanked: 171 times
Been thanked: 119 times

Re: WPP PLC (WPP)

#336292

Postby Wasron » August 27th, 2020, 11:11 am

Is it not that the performance was wretched between January 2017 and January 2019?

The shape of the chart since then looks broadly similar.

I first bought some WPP in April 2017 :cry:

Wasron

absolutezero
Lemon Quarter
Posts: 1505
Joined: November 17th, 2016, 8:17 pm
Has thanked: 542 times
Been thanked: 653 times

Re: WPP PLC (WPP)

#336438

Postby absolutezero » August 27th, 2020, 7:17 pm

monabri wrote: Hmm, I think I should have simply gone for a tracker!



Most people should....

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#338020

Postby idpickering » September 4th, 2020, 7:13 am

WPP acquires Velvet Consulting

WPP announces today that Wunderman Thompson has acquired Velvet Consulting, a leading French customer experience consultancy.

By combining marketing, data science and technology, Velvet Consulting enables its clients to better understand and communicate with consumers to deliver business growth.

The acquisition supports WPP's wider strategic transformation, a key part of which is investment in technology services. In particular, Velvet Consulting's expertise in omni-channel consumer engagement further strengthens WPP's end-to-end marketing and technology consulting services in France.

From strategy through to technology implementation, Velvet Consulting provides a fully-integrated global consulting approach to help businesses become more client-centric by combining marketing, data, digital, technology and creativity. Velvet's technology partners include Adobe and Salesforce.

Founded in 2004 by Fabienne Magot and Robert Picarel, Velvet Consulting has offices in Paris and Toulouse, employing 200 people. Its clients include L'Oréal, Sephora, Schneider Electric, Fnac Darty, La Poste Group, Pierre Fabre and Sanofi.



https://www.investegate.co.uk/wpp-plc-- ... 00030080Y/

idpickering
The full Lemon
Posts: 11276
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2468 times
Been thanked: 5761 times

Re: WPP PLC (WPP)

#343912

Postby idpickering » September 30th, 2020, 12:05 pm

Notification of Trading Statement

WPP will announce its Third Quarter Trading Statement for the nine months ended 30 September 2020 on Thursday, 29 October 2020.


https://www.investegate.co.uk/wpp-plc-- ... 00095853A/


Return to “Company Share news (LSE Main Market)”

Who is online

Users browsing this forum: Padders72 and 6 guests