Low & Bonar plc (LON:LWB) Insider Buys £31,000 in Stock

Low & Bonar plc (LON:LWB) insider Martin Flower acquired 50,000 shares of Low & Bonar stock in a transaction dated Friday, February 2nd. The stock was bought at an average price of GBX 62 ($0.86) per share, for a total transaction of £31,000 ($42,829.51).

Shares of Low & Bonar plc (LON LWB) opened at GBX 61.50 ($0.85) on Thursday. Low & Bonar plc has a 12 month low of GBX 52 ($0.72) and a 12 month high of GBX 91 ($1.26). The stock has a market capitalization of $196.90 and a PE ratio of -1,025.00.

The firm also recently disclosed a dividend, which will be paid on Thursday, April 19th. Shareholders of record on Thursday, March 22nd will be paid a dividend of GBX 2 ($0.03) per share. This represents a yield of 3.33%. The ex-dividend date is Thursday, March 22nd. This is a positive change from Low & Bonar’s previous dividend of $1.05.

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 100 ($1.38) target price on shares of Low & Bonar in a research report on Tuesday, October 31st.

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About Low & Bonar

Low & Bonar PLC is a United Kingdom-based company engaged in international manufacturing and supply of performance materials. The Company’s segments include Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interiors & Transportation. The Building & Industrial global business unit (GBU) supplies a range of technical textile solutions for applications in the building, roofing, air and water filtration and agricultural markets.

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