Nielsen Holdings (NLSN) Lowers Quarterly Dividend 82.9% to $0.06; 1.1% Yield
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Go back to Nielsen Holdings (NLSN) Lowers Quarterly Dividend 82.9% to $0.06; 1.1% Yield
November 7, 2019 6:19 AM EST
NEW YORK, Nov. 7, 2019 /PRNewswire/ -- Today, Nielsen Holdings plc (NYSE: NLSN) announced its third quarter 2019 results, reaffirmed revenue, Adjusted EBITDA, and free cash flow guidance for 2019, and increased Adjusted EPS guidance for 2019. Separately, the Company announced today that its Board of Directors has concluded its previously announced review of strategic alternatives and has decided to separate the Global Media and Global Connect businesses through a spin-off of the Global Connect business.
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November 7, 2019 6:16 AM EST
-Nielsen Concludes Comprehensive Strategic Review Process; Announces Plan to Spin-Off Nielsen's Global Connect Business
-Separation Sharpens Strategic Focus; Allows Each Business to Most Effectively Serve Rapidly Changing End-Markets and Invest in Growth Opportunities
-Each Business Is Well-Positioned to Accelerate Growth and Profits Over Time
-Developing Fit-for-Purpose Capital Structures and Allocation StrategiesÂ
-Nielsen to Adjust Dividend to Strengthen Balance Sheet Ahead of Separation and Provide Added Flexibility to Invest for Growth
-Nielsen Also Announces Third Quarter 2019 Results, Reaffirms Revenue, Adjusted EBITDA, and Free Cash Flow Guidance for 2019, and... More
