Unilever (UL)
(Delayed Data from NYSE)
$62.79 USD
+0.39 (0.63%)
Updated Oct 11, 2024 04:00 PM ET
After-Market: $62.82 +0.03 (0.05%) 7:58 PM ET
1-Strong Buy of 5 1
D Value B Growth C Momentum B VGM
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$62.79 USD
+0.39 (0.63%)
Updated Oct 11, 2024 04:00 PM ET
After-Market: $62.82 +0.03 (0.05%) 7:58 PM ET
1-Strong Buy of 5 1
D Value B Growth C Momentum B VGM
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Unilever to Offload Spreads Business & Reward Shareholders
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Unilever PLC (UL) has reportedly decided to sell its shrinking spreads business, including brands like Flora and Stork butter. Furthermore, it will buy back shares, hike dividends, raise target for cost savings and combine its foods and refreshments businesses.
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Unilever Shares Up on Speculation of Food Brand Spinoff
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According to the British newspaper The Sunday Telegraph and as stated by Reuters, the London-based Unilever plc (UL) is planning to sell some of its food brands worth 6 billion pounds ($7.4 billion).
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Unilever to Review Cost/Balance Sheet Post-KHC Offer
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Unilever PLC (UL) is considering a comprehensive review in order to return more cash to shareholders and undertake medium-sized acquisitions as well as indulge in more aggressive cost cuts, as per Financial Times. Post the news, Unilever shares rallied 1.43% on Mar 15.
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Can The Uptrend Continue for Unilever (UL)?
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Investors certainly have to be happy with Unilever PLC (UL) and its short term performance
Hershey (HSY) to Lay Off 15% of Workforce to Fuel Growth
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