Marc Wainer Purchases 3,157,846 Shares of Redefine International Plc (RDI) Stock

Redefine International Plc (LON:RDI) insider Marc Wainer bought 3,157,846 shares of Redefine International Plc stock in a transaction on Monday, November 13th. The stock was purchased at an average price of GBX 40 ($0.53) per share, for a total transaction of £1,263,138.40 ($1,661,368.41).

Redefine International Plc (LON RDI) opened at GBX 37.74 ($0.50) on Wednesday. Redefine International Plc has a 1-year low of GBX 35.09 ($0.46) and a 1-year high of GBX 40.95 ($0.54).

The business also recently disclosed a dividend, which will be paid on Monday, December 18th. Stockholders of record on Thursday, November 30th will be issued a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a dividend yield of 3.49%.

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A number of research firms have issued reports on RDI. Peel Hunt restated a “buy” rating and issued a GBX 48 ($0.63) target price on shares of Redefine International Plc in a report on Thursday, August 31st. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 43 ($0.57) price objective on shares of Redefine International Plc in a report on Thursday, November 2nd.

Redefine International Plc Company Profile

Redefine International P.L.C. is a United Kingdom-based real estate investment trust (REIT). The Company’s segments include UK Retail, UK Hotels, UK Commercial, Europe and Other. The UK Retail segment consists of approximately six shopping centers and over five retail parks. The UK Hotels segment consists of approximately eight hotels in Greater London and South East, England and over one hotel in Edinburgh, Scotland, and holds interests in Redefine BDL Hotel Group Limited, which leases and manages its hotel properties except for the Enfield Travelodge.

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