Naturally, increasing shares prior to profit shearing.How convenient.
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Paying dividends and buying back shares increases share price and Emerson executives are granted humongous stocks yearly. So, they are taking cafe of their own self interest.
Executives take a 10% salary cut that will last until December 2020. Other employees take a 25% salary cut that will last into next year or longer.
What kind of ethics does this management have when they increase the dividends while furloughing their employees.
When will we know more?