Restore plc (RST) Insider Charles Skinner Sells 600,000 Shares

Restore plc (LON:RST) insider Charles Skinner sold 600,000 shares of the company’s stock in a transaction that occurred on Friday, April 6th. The shares were sold at an average price of GBX 530 ($7.44), for a total value of £3,180,000 ($4,463,784.39).

LON RST opened at GBX 551 ($7.73) on Friday. Restore plc has a one year low of GBX 350 ($4.91) and a one year high of GBX 602 ($8.45).

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The firm also recently declared a dividend, which will be paid on Friday, July 6th. Investors of record on Thursday, June 7th will be given a dividend of GBX 3.33 ($0.05) per share. The ex-dividend date of this dividend is Thursday, June 7th. This is a positive change from Restore’s previous dividend of $1.67. This represents a yield of 0.66%.

Several equities research analysts have recently weighed in on RST shares. Peel Hunt reiterated an “add” rating and issued a GBX 608 ($8.53) price objective on shares of Restore in a research note on Tuesday, March 13th. Berenberg Bank reiterated a “buy” rating and issued a GBX 585 ($8.21) price objective on shares of Restore in a research note on Friday, March 16th.

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Restore Company Profile

Restore plc, together with its subsidiaries, operates as a support services company primarily in the United Kingdom. The company operates through two segments, Document Management and Relocation. The Document Management segment stores and retrieves hard copy documents stored in cardboard boxes; manages archive boxes of document files, magnetic data, films, and other materials for blue-chip organizations; and offers reorganization of customer documents, document restoration, file-tracking, and electronic data back-up services, as well as offers cloud storage that allows access to indexed records.

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