The Molson Coors Beverage Company has made several critical announcements. The company outlined its Q4 2024 and Full Year results, which have been met with interest and analysis from investors, given that institutional shareholders control approximately 83% of the company. The report indicates an increase in EPS for Q4 2024, and the stock has shown positive activity as a result. The company also disclosed the acquisition of The Rock's ZOA Energy Brand, which expands their 'Better-For-You' portfolio.
Plans to accelerate growth and provide long-term financial outlook were presented at their 2023 Strategy Day. A regular quarterly dividend has been declared, and a deleveraging program is underway despite declining sales. The company's CEO has hinted at a bold plan for change within the company, which will be of interest for investors.
The company's position got adjusted with various entities, such as Principal Financial Group Inc. and Private Management Group Inc. decreasing their stakes, whereas others like Principal Securities Inc. and Allworth Financial LP increased their positions.
Molson Coors Beverage Company Class B TAP News Analytics from Fri, 21 Jul 2017 03:16:00 GMT to Fri, 28 Feb 2025 16:06:00 GMT - Rating 5 - Innovation 3 - Information 7 - Rumor -3
