Schroders stock completes its takeover and leaves the LSE
Published on 10/08/2026 at 04:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Schroders stock (ISIN GB00BP9LHF23) entered its final settlement phase at GBp 590 per share after Nuveen completed the acquisition on October 1, 2026. Schroders said the combined asset manager will oversee USD 2.6 trillion, while Schroders continues operating separately within Nuveen for 12 to 18 months.
Cash settlement fixes the final value
Under the completed scheme, shareholders registered at 6:00 p.m. London time on September 30, 2026, are entitled to GBp 590 in cash for each share. Investegate reports that settlement will take place by October 15, 2026.
The transaction also ended trading on the London Stock Exchange. Schroders shares were suspended on October 1, 2026, and the cancellation of their admission to the exchange took effect on October 2, 2026, turning the stock from a listed security into a cash-settlement claim for eligible holders.
Strong H1 figures meet a structural change
The takeover arrived after a strong first half. Schroders reported H1 2026 revenue of GBP 1,811.7 million, up from GBP 1,567.2 million in H1 2025, while net income increased from GBP 144.4 million to GBP 304.5 million. Simply Wall St puts the resulting net margin at 16.8 percent, compared with 9.2 percent a year earlier.
Schroders also expanded its private-markets platform during the transaction period. In a release dated September 22, 2026, Schroders announced a USD 1.3 billion final close for Global Direct IV, its largest closed-ended commingled private-equity fund to date, and said its private-equity platform had raised over USD 5 billion in 2026.
Listing ends as integration begins
The key investor issue has shifted from daily price discovery to execution of the cash settlement and the integration timetable. Schroders will retain its operating identity under Richard Oldfield for 12 to 18 months, while the completed transaction transfers ownership to Nuveen and removes the former FTSE 100 company from public trading.
Schroders stock facts
- Company: Schroders plc
- ISIN: GB00BP9LHF23
- Ticker: SDR.L
- Trading venue: London Stock Exchange, listing cancelled October 2, 2026
- Sector / Industry: Financials / Investment Management
