abrdn plc (LON: ABDN)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 2.62B |
| Revenue (ttm) | 1.41B |
| Net Income (ttm) | 317.00M |
| Shares Out | 1.78B |
| EPS (ttm) | 0.17 |
| PE Ratio | 8.61 |
| Forward PE | 11.01 |
| Dividend | 0.15 (9.96%) |
| Ex-Dividend Date | Aug 15, 2024 |
| Volume | 3,811,214 |
| Open | 144.50 |
| Previous Close | 146.60 |
| Day's Range | 143.90 - 150.20 |
| 52-Week Range | 134.60 - 186.35 |
| Beta | 1.25 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 6, 2024 |
About abrdn
abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels. It also makes real estate investments. The company was formerly known as Standard Life Aberdeen plc. abrdn plc was founded in 1825 and is headquartered in Edinburgh, United Kingdom. [Read more]
Financial Performance
Financial StatementsNews
abrdn plc goes ex dividend tomorrow
abrdn plc (SLFPY) had declared $0.317/share semi-annual dividend, Payable Oct. 9; for shareholders of record Aug. 16; ex-div Aug. 16. See SLFPY Dividend Scoreca
Abrdn Reports Inflows Amid CEO Search
Abrdn Plc reported positive net inflows in the first half of 2024 as the asset management firm continues its search for a new permanent chief executive officer. The firm announced on Tuesday that clie...
Abrdn Stems Outflows in First Half Amid Search for New CEO
Abrdn Plc reported inflows in the first half of the year as the asset manager sought to identify its new permanent chief executive officer.
Abrdn reports dip in assets, CEO search continues
Abrdn reported a modest dip in first-half assets under management on Tuesday and provided no update on its leadership amid speculation interim boss Jason Windsor would be tasked with the role of resto...
Abrdn CFO Jason Windsor is Favorite to Replace Bird as CEO: FT
Abrdn Plc interim chief executive officer Jason Windsor is the favored candidate to take the role permanently, the Financial Times reported, citing people close to the process.
Stephen Bird Steps Down as Abrdn CEO
The chief executive officer of asset manager Abrdn, Stephen Bird, has stepped down. Chief Financial Officer Jason Windsor is set to become the interim CEO and the firm will start a formal search proce...
Abrdn CEO Says Breaking Up Asset Manager Is a ‘Lazy Answer'
Abrdn CEO Stephen Bird has reiterated that he's not considering breaking up the firm, calling the idea a “really lazy answer.” He also discusses abrdn's business in Asia amid a challenging global macr...
abrdn Investments CEO: India Is a Market We Really Like
Rene Buehlmann, chief executive officer of investments at abrdn, shares his views on financial assets in Asia. He speaks on the sidelines of the Asian Financial Forum in Hong Kong with David Ingles on...
Abrdn to cut 500 jobs in bid to boost profitability of investment company
Abrdn on Wednesday said it plans to lay off around 10% of its entire workforce in a bid to cut its annual costs following a brutal second half of 2023 that saw clients pull £12.4 billion out of accoun...
Abrdn poised to axe jobs as it tries to turn around fortunes
British fund manager Abrdn is poised to cut hundreds of jobs, a source familiar with the matter told Reuters, as it seeks to improve its fortunes after years of outflows of client funds.
Most shorted UK stocks: HL, Kingfisher, Abrdn, Royal Mail, Tullow Oil
UK stocks have continued to lag their global peers in 2023. The blue-chip FTSE 100 index rose by about 2% in 2023 compared to the S&P 500 index gain of over 24%.
We think Europe is heading for a recession 'imminently,' Abrdn analyst says
Thomas Watts of Abrdn explains why the firm is "slightly more bearish" than the consensus.
UK fund manager abrdn to sell private equity unit to Brazil's Patria
Abrdn said on Monday it had agreed to sell its $9 billion European-headquartered private equity business to Brazilian firm Patria Investments , as it seeks to boost returns by offloading non-core asse...
HighVista Strategies LLC Completes Acquisition of abrdn's U.S. Private Markets Business
BOSTON--(BUSINESS WIRE)--HighVista Strategies LLC (“HighVista”), an alternative asset manager investing in private and public markets, today announced the completion of its acquisition of the U.S. pri...
Abrdn share price is sinking: Is it a bargain or a value trap?
Abrdn (LON: ABDN) share price has been a major underperformer in London, where it has lagged the FTSE 100 and FTSE 250 indices. The stock plunged to a low of 154.95, the lowest level since November 20...
Abrdn share price outlook as assets under management slips again
Abrdn (LON: ABDN) share price plunged hard on Tuesday after the asset manager published worrying financial results. The stock, which jumped to a multi-month high of 238p in July, it plunged to a low o...
Standard Life Aberdeen's adjusted pre-tax profit slides to £487 million in 2020
Standard Life Aberdeen plc (LON: SLA) said on Tuesday that its adjusted pre-tax profit posted a decline in 2020 amidst the ongoing Coronavirus pandemic. The company, however, expressed confidence that...
Contrarian Investors Should Consider UK Stocks
Growth prospects are improving, but the valuation is still cheap
Standard Life Aberdeen slashes its stake in HDFC Life Insurance to 8.9%
Standard Life Aberdeen plc (LON: SLA) revealed to have divested part of its stake in HDFC Life Insurance Company on Thursday. The asset manager generated £172 million of proceeds as it offloaded 2.8% ...
Standard Life Aberdeen to toughen engagement process after Boohoo scandal
Asset manager Standard Life Aberdeen has overhauled its company engagement process after being burnt by a scandal at fast-fashion retailer Boohoo over allegations of poor working conditions at some of...
Aberdeen CEO discusses maintaining the dividend despite sharp fall in profits
Aberdeen CEO Keith Skeoch discusses the company's performance during the pandemic, along with the potential growth in emerging markets dependent on the risk of a second wave.
Standard Life Aberdeen swings to a loss in H1 due to COVID-19
Standard Life Aberdeen (LON: SLA) revealed to have swung to a loss in the fiscal first half on Friday. The company attributed its dovish performance to the Coronavirus pandemic that resulted in higher...