Blancco Technology Group PLC Declares Dividend of €0.70 (BLTG)

Blancco Technology Group PLC (LON:BLTG) declared a dividend on Tuesday, March 14th. Investors of record on Thursday, May 11th will be given a dividend of €0.70 ($0.77) per share on Friday, June 16th. This represents a dividend yield of 0.29%. The ex-dividend date of this dividend is Thursday, May 11th. The official announcement can be accessed at this link.

In related news, insider Rob Woodward acquired 6,035 shares of Blancco Technology Group PLC stock in a transaction dated Tuesday, March 14th. The stock was purchased at an average cost of GBX 253 ($3.27) per share, for a total transaction of £15,268.55 ($19,708.98). Also, insider Patrick J. Clawson acquired 3,035 shares of Blancco Technology Group PLC stock in a transaction dated Wednesday, May 10th. The stock was bought at an average price of GBX 189 ($2.44) per share, with a total value of £5,736.15 ($7,404.35). Insiders have bought a total of 19,070 shares of company stock worth $4,630,470 over the last three months.

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Several equities analysts recently issued reports on BLTG shares. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 326 ($4.21) price objective on shares of Blancco Technology Group PLC in a research report on Tuesday, March 14th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 340 ($4.39) price objective on shares of Blancco Technology Group PLC in a research report on Tuesday, March 14th. Finally, FinnCap reissued a “sell” rating and set a GBX 100 ($1.29) price target on shares of Blancco Technology Group PLC in a report on Wednesday, April 26th.

Blancco Technology Group PLC Company Profile

Blancco Technology Group Plc, formerly Regenersis Plc, is a provider of mobile device diagnostics and secure data erasure solutions. The Company’s segments include Erasure and Diagnostics. The Erasure segment focuses on development and delivery of solutions, and includes Blancco, which provides erasure software; SafeIT, which is engaged in cloud and networked data erasure business, and Tabernus, which is engaged in providing software erasure products.

12 Month Chart for LON:BLTG

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