BUZZ-UK's Future PLC shares climb 11% with fivefold dividend raise

Reuters12-04
BUZZ-UK's <a href="https://laohu8.com/S/FRNWF">Future PLC</a> shares climb 11% with fivefold dividend raise

** Shares of British publishing firm Future PLC FUTR.L rise 11% to 666 pence, among top gainers on FTSE mid cap index

** Co expects modest organic revenue growth in fiscal 2026 after posting 6% revenue decline in fiscal 2025 which FUTR calls inline with expectations

** Future announces fivefold increase in dividend to 17 pence/share and new 30 million pounds ($40.01 million) share buyback programme

** "Future remains resilient in a challenging trading environment, with strong cash conversion driving a significant increase in shareholder returns," Peel Hunt analysts say

** YTD, stock down 29%, while FTMC up 6.9%

($1 = 0.7498 pounds)

(Reporting by DhanushVignesh Babu in Bengaluru)

((DhanushVignesh.Babu@thomsonreuters.com))

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