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ResolvedStocks

QinetiQ Hikes Dividend 24% and Extends Buyback on Record Order Intake

First Detected: May 21, 2026, 7:45 AM
Last Update: 4 months ago
2 articles·1 stories

Event Summary

QinetiQ Group PLC raised its dividend by 24% and added £200 million to its share buyback program following a record order intake of £3.57 billion, an 83% increase. The funded order backlog increased to £4.42 billion. However, the company reported an earnings per share (EPS) of -$0.58, with revenue of $1.27 billion, missing analyst estimates, despite an 18% rise in underlying operating profit to £218 million.

Timeline

QinetiQ Shares Surge on U.S. Strategic Review and Upgraded FY2027 Guidance
May 21, 2026, 7:45 AMImpact: 7