SPX3,831.39+6.06 0.16%
DIA309.71-1.14 -0.37%
IXIC11,322.24+194.39 1.75%

BRIEF-Coty Announces Intention To Gradually Recommence Shareholder Returns Alongside Expected Capital Structure Improvement

reuters.com · 06/10/2022 05:16
BRIEF-Coty Announces Intention To Gradually Recommence Shareholder Returns Alongside Expected Capital Structure Improvement

- Coty Inc COTY:

  • COTY ANNOUNCES ITS INTENTION TO GRADUALLY RECOMMENCE SHAREHOLDER RETURNS ALONGSIDE EXPECTED CAPITAL STRUCTURE IMPROVEMENT

  • COTY TO CONTINUE ITS DISCIPLINED DELEVERAGING TRAJECTORY TOWARDS 2X BY CY25

  • COTY STARTING TO HEDGE STOCK PRICE FOR EXPECTED $200 MILLION BUYBACK IN CY24

Source text for Eikon: ID:nBwc0gflla

Further company coverage: COTY


((Reuters.Briefs@thomsonreuters.com;))