WASHINGTON (dpa-AFX) - Shares of Leggett & Platt, Incorporated (LEG),
manufacturer of a range of engineered products, are falling more than 5% Tuesday
morning after the company withdrew its long-term financial targets in connection
with restructuring plan.

The company has withdrawn its previous goal of 11%-14% Total Shareholder Return,
and financial targets including revenue growth, EBIT margin, and dividend payout
ratio.

LEG is at $23.98 currently. It has traded in the range of $22.50 - $38.55 in the
last 1 year.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX