1999 Reuters' Job Under Pressure

INSIDE MARKET DATA 20TH ANNIVERSARY ISSUE

Reuters’ Rollercoasting Share Price, Speculation On Job Is Big News In 1999

The headline-grabbing news for Reuters, particularly in the last quarter of 1999, was its roller-coasting share price, prompting speculation about the future of Reuters’ chief executive Peter Job.

Reuters’ share price during the year ranged from a low of 486 pence to a high of 1,011 pence—a spread of 525 pence. The most dramatic fall came after a regular analysts briefing that left analysts nervous about the future of