Molson Coors Beverage Company Class B (TAP) has been trending in the news with regards to its financial performance, future growth strategies, and market updates. The company will provide webcasts for its Q4 2024 earnings conference calls and has declared a quarterly dividend of $0.44. However, the share prices have experienced fluctuations. In an effort to accelerate growth, TAP has acquired ZOA Energy Brand from The Rock, expanding its better-for-you portfolio. Institutional shareholders largely control the NYSE-listed TAP with ownership rounded to around 82% - 83%. In a strategic move, Molson Coors has announced an increased investment in ZOA Energy, reinforcing their partnership. Furthermore, a leadership transition has been announced in Canada. Interestingly, the company's stock experienced a spike amidst takeover chatter. With a considerable ownership by institutional holders and bold initiative to 'fundamentally change' the beer market, the company is optimistic about future growth.
Molson Coors Beverage Company Class B TAP News Analytics from Tue, 19 Jun 2018 07:00:00 GMT to Thu, 09 Jan 2025 07:35:09 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -2