CPU computershare limited.

News: CPU Computershare appointed by UKAR to undertake mortgage servicing

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    May 3 (Reuters) - Computershare Ltd (CPU) :

    • Cpu appointed by UKAR to undertake mortgage servicing (CPU)
    • Seven-year outsourcing contract covering £30BN of UKAR mortgages
    • Says entered into separate contracts for the servicing of the £11BN of assets

      purchased by Cerberus

    • Says contract is expected to start in mid-2016
    • Projected revenues £600M over 7 year period with 1,700 full time equivalent

      employees transferring to CPU

    • "Modestly EPS accretive in first year, profitable and cash flow positive

      throughout term"

    • Scope for significant cost savings and synergies across combined business,

      about £100m+ pbt expected over 7 year period

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$36.68
Change
-0.780(2.08%)
Mkt cap ! $21.21B
Open High Low Value Volume
$37.30 $37.88 $36.67 $40.44M 1.097M

Buyers (Bids)

No. Vol. Price($)
1 4730 $36.65
 

Sellers (Offers)

Price($) Vol. No.
$36.77 3250 1
View Market Depth
Last trade - 16.10pm 08/09/2025 (20 minute delay) ?
CPU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.