Low & Bonar plc (LON:LWB) insider Kevin Matthews acquired 10,148 shares of the stock in a transaction on Tuesday, August 14th. The shares were purchased at an average price of GBX 49 ($0.63) per share, with a total value of £4,972.52 ($6,343.31).

Shares of LWB opened at GBX 49.35 ($0.63) on Friday. Low & Bonar plc has a one year low of GBX 52 ($0.66) and a one year high of GBX 91 ($1.16).

The company also recently disclosed a dividend, which will be paid on Friday, September 21st. Shareholders of record on Thursday, August 16th will be given a dividend of GBX 1.05 ($0.01) per share. The ex-dividend date of this dividend is Thursday, August 16th. This represents a yield of 2.44%.

Several brokerages have commented on LWB. Peel Hunt restated a “buy” rating on shares of Low & Bonar in a research report on Thursday, May 17th. Berenberg Bank lowered their price objective on shares of Low & Bonar from GBX 60 ($0.77) to GBX 50 ($0.64) and set a “hold” rating for the company in a research report on Wednesday, July 11th.

Low & Bonar Company Profile

Low & Bonar PLC manufactures and supplies technical textiles worldwide. The company operates through Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interior & Transportation. The Building & Industrial unit supplies a range of technical textile solutions for various applications in the building, roofing, and air and water filtration.

See Also: Leveraged Buyout (LBO) Explained

Receive News & Ratings for Low & Bonar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Low & Bonar and related companies with MarketBeat.com's FREE daily email newsletter.