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Photo: Snowmanradio / Wikimedia Commons (CC BY-SA 3.0)
National Grid plans 50.9m scrip shares
National Grid has applied for the admission of about 50.86 million ordinary shares under its 2025/26 Scrip Dividend Scheme, including 219,257 ADRs, with dealings expected to commence on 23 July 2026 and share pricing set at 1,197.70 pence per share or US$80.5453 per ADR. The stock has seen a modest rise supported by regulated earnings and ongoing infrastructure investment, with a Buy rating on NGG from TipRanks Spark at a $85.50 target amid mixed near-term momentum.
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National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in Great Britain, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas, providing both to customers in New York and Massachusetts.

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