Airea Plc (AIEA) Insider Neil Rylance Sells 2,510,630 Shares
Airea Plc (LON:AIEA) insider Neil Rylance sold 2,510,630 shares of Airea stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of GBX 72 ($0.94), for a total transaction of £1,807,653.60 ($2,362,019.60).
Shares of LON AIEA opened at GBX 68 ($0.89) on Thursday. The company has a quick ratio of 1.16, a current ratio of 2.91 and a debt-to-equity ratio of 3.77. Airea Plc has a 12 month low of GBX 43.20 ($0.56) and a 12 month high of GBX 77.99 ($1.02). The company has a market cap of $28.12 million and a price-to-earnings ratio of 13.88.
The firm also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 2 ($0.03) per share. This represents a yield of 2.86%. This is a boost from Airea’s previous dividend of $1.75. The ex-dividend date of this dividend is Thursday, April 11th. Airea’s payout ratio is presently 0.82%.
Airea Company Profile
AIREA plc, together with its subsidiaries, manufactures, markets, and distributes floorcoverings in the United Kingdom, Ireland, rest of Europe, North America, and internationally. It operates in two segments, Commercial Floorcoverings and Residential Carpets. The company offers tufted loop pile, tufted cut pile, fiber bonded, structure bonded, and entrance matting carpet tiles, as well as a range of carpet planks and sheets for architects, specifiers, and contractors in the education, leisure, commercial, healthcare, and public sectors under the burmatex brand name.
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