Lumen Systems
inventory is sinking right after the telecommunications corporation eradicated its quarterly dividend, stating it will aim on buybacks as a substitute.
Lumen
(ticker: LUMN) disclosed its monetary results immediately after the shut of trading on Wednesday, indicating that as an alternative of its yearly dividend of $1, it has licensed a two-calendar year share-buyback application of up to $1.5 billion. There will be no dividend paid in the fourth quarter of 2022.
Lumen Systems
inventory is sinking right after the telecommunications corporation eradicated its quarterly dividend, stating it will aim on buybacks as a substitute.
Lumen
(ticker: LUMN) disclosed its monetary results immediately after the shut of trading on Wednesday, indicating that as an alternative of its yearly dividend of $1, it has licensed a two-calendar year share-buyback application of up to $1.5 billion. There will be no dividend paid in the fourth quarter of 2022.
