Iain Clifford Scobbie Lewis Buys 121 Shares of Ithaca Energy plc (LON:ITH) Stock

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis purchased 121 shares of Ithaca Energy stock in a transaction that occurred on Monday, January 6th. The shares were purchased at an average price of GBX 124 ($1.53) per share, for a total transaction of £150.04 ($184.62).

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

• On Thursday, December 5th, Iain Clifford Scobbie Lewis bought 139 shares of Ithaca Energy stock. The shares were acquired at an average price of GBX 108 ($1.33) per share, with a total value of £150.12 ($184.72).

Ithaca Energy Stock Performance

Shares of ITH opened at GBX 128.80 ($1.58) on Friday. Ithaca Energy plc has a 52-week low of GBX 94.38 ($1.16) and a 52-week high of GBX 151.80 ($1.87). The firm has a market cap of £2.13 billion and a price-to-earnings ratio of 1,073.33. The business’s fifty day moving average is GBX 107.63 and its 200-day moving average is GBX 114.10.

Ithaca Energy Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were given a $0.12 dividend. This represents a yield of 9.56%. The ex-dividend date was Thursday, November 28th. This is a boost from Ithaca Energy’s previous dividend of $0.10. Ithaca Energy’s payout ratio is currently 23,333.33%.

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.