Molson Coors Beverage Company Class B (TAP) continues its stride in the market, announcing its regular quarterly dividend, currently set at $0.44, with a payment in December. The company's Q4 results showed a positive surge due to improved sales and pricing. They will be hosting a conference call to discuss their 2024 Q4 and full year earnings. The company also had significant news concerning board changes with an announced director retirement and confirmed the dominance of institutional shareholders, who own 83% of the company. Molson Coors is increasing its stake in ZOA Energy, and plans to further expand its growth through their 2023 Strategy Day. A highlight of their strategy includes a proposed public offering of Euro-Denominated Senior Notes. The company also revealed a partnership expansion plan with ZOA Energy, amplifying its market position. An exclusive agreement has been signed with The Coca-Cola Company to launch a new brand, and a strategic partnership formed with TRU Colors to end street violence and unite communities is in place. A joint venture with HEXO Corp resulted in the launch of Veryvell™ Sparkling CBD Water in Colorado.
Molson Coors Beverage Company Class B TAP News Analytics from Fri, 21 Jul 2017 03:16:00 GMT to Tue, 18 Mar 2025 19:54:00 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor -6
