icon
0%

Molson Coors Beverage Company Class B TAP - News Analyzed: 2,996 - Last Week: 37 - Last Month: 164

↑ Molson Coors Beverage Company Class B TAP: A Valuable Asset Despite Economic Challenges

Molson Coors Beverage Company Class B TAP: A Valuable Asset Despite Economic Challenges
Molson Coors Beverage Company has been active with several updates. Recently, the company announced regular quarterly dividends. Preparations for a 2025 Second Quarter Earnings Conference Call are underway. Unfortunately, Q1 2025 saw EPS forecasts missed, triggering a decline in share price. Principal Financial Group Inc. and Sumitomo Mitsui Trust Group Inc. increased their stakes, whereas Private Management Group Inc. trimmed its position in the company. CEO Gavin Hattersley intends to retire by the end of 2025, and the board has begun the process of searching for a successor. Quarterly results for 2024's third and fourth quarters were released, and the company took a majority stake in ZOA Energy. A $0.47 per share dividend was announced recently. Both Hasbro's CEO and Chris Cocks were nominated as independent directors. In addition, there are plans to boost growth and provide a long-term financial outlook, and there has been a joint venture expansion with HEXO Corp in Colorado. Additional stocks were bought by Oppenheimer & Co. Inc. However, the company has had to make cuts due to the pandemic.

Molson Coors Beverage Company Class B TAP News Analytics from Wed, 15 Apr 2020 07:00:00 GMT to Sat, 26 Jul 2025 11:42:30 GMT - Rating 7 - Innovation -2 - Information 8 - Rumor 6

The email address you have entered is invalid.