3i Group (LON:III) Reaches New 52-Week High at $2,512.00

3i Group is a leading global investment company that operates in various sectors such as infrastructure, real estate, and private equity. The company's stock ticker symbol is LONIII, and it is listed on the London Stock Exchange (LSE).

On August 19, 2021, 3i Group announced that its shares had reached a new 52-week high of $2,512.00. This means that the stock price has increased by more than 40% since its low point in March 2020, during the COVID-19 pandemic.

The company's strong financial performance and growth prospects have contributed to this increase in stock value. In its latest financial report for the year ended March 31, 2021, 3i Group reported a net asset value of £47.5 billion ($62.8 billion), an increase of 19% from the previous year. The company also generated strong returns for its shareholders, with a dividend yield of 5.5%.

In addition to its financial performance, 3i Group has also been recognized for its sustainability efforts. In 2020, the company was named one of the world's most sustainable investors by the Financial Times and Goldman Sachs. The company has set ambitious targets to reduce its carbon footprint and increase its investments in renewable energy projects.

Overall, 3i Group's strong financial performance, growth prospects, and sustainability efforts have contributed to its recent stock price increase, reaching a new 52-week high of $2,512.00.