Pinewood Technologies Group PLC (LON:PINE – Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 328.05 ($4.05) and last traded at GBX 328 ($4.05), with a volume of 543074 shares. The stock had previously closed at GBX 319 ($3.94).
Pinewood Technologies Group Stock Performance
Pinewood Technologies Group Announces Dividend
The business also recently declared a dividend, which will be paid on Tuesday, May 7th. Investors of record on Tuesday, April 23rd will be issued a GBX 24.50 ($0.30) dividend. This represents a dividend yield of 62.82%. The ex-dividend date is Tuesday, April 23rd.
Insider Buying and Selling
In other news, insider William Berman sold 1,462,114 shares of the company’s stock in a transaction on Monday, February 19th. The stock was sold at an average price of GBX 35 ($0.43), for a total transaction of £511,739.90 ($632,089.80). 24.98% of the stock is currently owned by corporate insiders.
About Pinewood Technologies Group
Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.
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