View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
January 23, 2002

UK: M&S Details £2 Billion Payout For Shareholders

British high street giant Marks & Spencer on Wednesday revealed how it plans to hand back £2 billion to shareholders after a major restructuring that involved the sale of property and overseas businesses. The company will return the money to around 358,000 private investors under a complicated scheme that will see it reduce the size of its capital by 20 per cent and allow shareholders to decide when they want to take the cash.

This content is for 1 Month Trial, Corporate Account, and Corporate – Member members only.
Login Join Now

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Style