{"id":44210,"date":"2026-05-21T15:22:46","date_gmt":"2026-05-21T15:22:46","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/44210\/"},"modified":"2026-05-21T15:22:46","modified_gmt":"2026-05-21T15:22:46","slug":"uk-stock-market-news-centrica-rio-tinto-mondi","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/44210\/","title":{"rendered":"UK Stock Market News: Centrica, Rio Tinto, Mondi"},"content":{"rendered":"\n

Three key news stories unfolding as the UK stock market opens. Check out our companies reporting diary<\/a> for upcoming results from FTSE 350 and selected international stocks.<\/p>\n

1. Centrica suspends share buybacks to preserve capital <\/p>\n

Centrica [LON:CNA] has this morning issued full year results, noting a challenging market backdrop. Whilst adjusted earnings didn\u2019t fall by as much as had been expected, profitability was hammered with this metric coming off by almost 50% whilst the company also advised that it would pause further share buybacks to prioritise the most valuable investments. A 22% increase in the dividend may offer some concessions here, although EBITDA guidance for the year ahead is also being pressured.<\/p>\n

2. Rio Tinto fails to benefit from rising commodity prices <\/p>\n

Full year numbers are out from Rio Tinto [LON:RIO] with record output boosting underlying EBITDA by 9% although underlying earnings are looking flat. Guidance is for production next year to be broadly unchanged, although there\u2019s some expectation that production costs, notably on iron ore, will tick marginally higher. The dividend is being held steady at 402c per share.<\/p>\n

3. Mondi to slash dividend as macro and political concerns weigh <\/p>\n

Paper and packaging business Mondi [LON:MNDI] issued full year results today as well, with group revenues up 3%, underlying EBITDA down by 5% and pre-tax profits some 29% lower. Geopolitical and macroeconomic factors are weighing on the company, whilst visibility as to when improvements will be seen here remains lacking. There\u2019s also a recommendation that the dividend is realigned with covered policy and this is likely to rattle a number of investors as it equates to a 60% cut.<\/p>\n

In other news\u2026. <\/p>\n

We start with a look at a study into what is seen as a civilisational transition, with a group of mega trends set to re-shape our daily lives. The report suggests we, as investors, may be focusing on the wrong part of the story<\/a>.<\/p>\n

Palentir is our best performing tip since November 2023. In our latest report, we take a look at what 2026 holds<\/a> following a stellar 2025.<\/p>\n

Following on from our note earlier this month about the threat to professional data service providers from AI developer Anthropic, Lindsell Train Investment Trust sees sharp losses to two of its big information provider holdings. We have the thoughts of their fund managers<\/a>.<\/p>\n

Finally, we have news of a win for AFC Energy<\/a> and a Canadian-listed gold miner<\/a> that is up 1200% in a year<\/p>\n","protected":false},"excerpt":{"rendered":"Three key news stories unfolding as the UK stock market opens. Check out our companies reporting diary for…\n","protected":false},"author":2,"featured_media":30016,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20718],"tags":[21570,12991,21559],"class_list":["post-44210","post","type-post","status-publish","format-standard","has-post-thumbnail","category-rio-tinto","tag-centrica","tag-rio-tinto","tag-share-buybacks"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116613254155603486","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=44210"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/30016"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=44210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=44210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=44210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}