Iain Clifford Scobbie Lewis Sells 114,274 Shares of Ithaca Energy plc (LON:ITH) Stock

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis sold 114,274 shares of the business’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of GBX 162 ($2.09), for a total value of £185,123.88 ($239,332.75).

Iain Clifford Scobbie Lewis also recently made the following trade(s):

• On Monday, January 6th, Iain Clifford Scobbie Lewis acquired 121 shares of Ithaca Energy stock. The shares were acquired at an average price of GBX 124 ($1.60) per share, with a total value of £150.04 ($193.98).

Ithaca Energy Stock Down 0.7 %

Shares of ITH opened at GBX 158.50 ($2.05) on Wednesday. The firm has a market cap of £3.31 billion and a price-to-earnings ratio of 18.10. The business’s 50 day moving average is GBX 135.67 and its two-hundred day moving average is GBX 118.69. Ithaca Energy plc has a 52-week low of GBX 94.38 ($1.22) and a 52-week high of GBX 165.40 ($2.14).

Ithaca Energy Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, April 10th will be issued a $0.12 dividend. The ex-dividend date is Thursday, April 10th. This represents a yield of 6.56%. Ithaca Energy’s dividend payout ratio is presently 319.76%.

Ithaca Energy Company Profile

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.