Molson Coors Beverage Company (TAP) is set to webcast its Q4 and the full year's earnings both for 2024 and 2023. The company has further evidenced its commitment to its investors by announcing regular quarterly dividends, with a declared dividend of $0.44 set for payout in December. The beverage company also announces it has extended its portfolio by acquiring ZOA Energy Brand from 'The Rock', putting it in line with its drive towards 'better-for-you' products. This move coincides with a strategic SWOT insight decoding, a strategy day both virtually and in-person, and a plan to boost their ** growth and provide a long-term financial outlook**. It's worth noting that a large majority of the company is controlled by institutional shareholders, with reports highlighting an 83% and 82% institutional ownership. In a seeming contradiction, however, there are mixed reports pertaining to the performance of its Class B stock in the market, with reports of it both underperforming and outperforming the market. Additional news includes leadership transition in Canada and extensions to their non-alcoholic product range via a partnership with L.A. Libations.
Molson Coors Beverage Company Class B TAP News Analytics from Tue, 04 Sep 2018 07:00:00 GMT to Sat, 25 Jan 2025 08:36:30 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor 0
